SOLD
Imperial Properties Acquires Multifamily Property On Wake Ave In El Centro For $9.6M
699 Wake Avenue
MultiFamily
71,250 SF
71,250 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
71,250 sqft
Located at 699 Wake Ave in El Centro, this multifamily property was recently sold in a closed transaction. The property spans a total of 71,250 square feet and was purchased for a price of $9,600,000, resulting in a price per square foot of $134.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,600,000
- SF: 71,250
- PPSF: $134
- Market: El Centro
The buyer involved in this transaction is Imperial Properties, while the seller is Villas Bonita LCC. Representing the buyer in the deal is Ricardo Lopez from ACI Apartments, and Steve Willmore & Erik Faucett from Lee & Associates acted as the brokers.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: IMAGE: Ricardo Lopez, Steve Willmore & Erik Faucett
DATE: 08/05/2020
ADDRESS: 699 Wake Ave
MARKET: El Centro
ASSET TYPE: Multifamily
BUYER: Imperial Properties
SELLER: Villas Bonita LCC
BROKERS: Ricardo Lopez – ACI Apartments, Steve Willmore & Erik Faucett – Lee & Associates
PRICE: $9,600,000
SF: 71,250 PPSF: $134View on map
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Address699 Wake Avenue
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