Afton Properties Acquires Multifamily Asset In Riverside For $53.5M | 5252 El Cerrito Drive | Mike Smith, Joe Leon, Jim Fisher, Jeff Rowerdink | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

212,292 sqft

The multifamily property located at 5252 El Cerrito Drive in Riverside has been sold for $53,500,000. The transaction took place on August 20, 2019. The property has a total square footage of 212,292 and a price per square foot of $252.01. The buyer of the property was Afton Properties, and the seller was Klingbeil Capital Management.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $53,500,000
Address: 5252 El Cerrito Drive
Market: Riverside
Square Footage: 212,292
Price Per Square Foot: $252.01

The deal was facilitated by brokers Jim Fisher, Jeff Rowerdink, Mike Smith, and Joe Leon from Berkadia.

Players

All
6

Agents
4
Agencies
2

$300.6M Sold

$448.7M Sold

$206.6M Sold

$111M Sold

Details

Deal Summary

SOLD

IMAGE: Mike Smith @mike81682, Jim Fisher & Jeff Rowerdink DATE: 08/20/2019 ADDRESS: 5252 El Cerrito Drive MARKET: Riverside ASSET TYPE: Multifamily PRICE: $53,500,000 SF: 212,292 PPSF: $252.01.01 BUYER: Afton Properties SELLER: Klingbeil Capital Management BROKERS: Jim Fisher, Jeff Rowerdink, Mike Smith, Joe Leon - Berkadia @berkadia

View on map

Address5252 El Cerrito Drive

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want