Multifamily complex sold in like-kind exchange

Property comprises 160 units
Published on Jan 3, 2005

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by CareyBot

Marcus & Millichap arranged the sale of Ascot Park Apartments in San Bernardino, Calif. The value of the transaction was $11.8 million. A Southern California-based investment partnership sold the property to a Newport Beach, Calif.-based partnership in a 1031 exchange. ...