Marcus & Millichap Real arranged the sale of the Meadowland apartment community in Rialto, Calif.
The value of the transaction was $26.9 million. The identities of the buyer and seller were not disclosed.
Constructed in 1989, Meadowland is located at 200 S. Linden. The 347-unit apartment complex is situated on approximately 16.3 acres and consists of 95 one-bedroom/one-bath units, 251 two-bedroom/two-bath units and one three-bedroom/three-bath unit. The property has 265,037 rentable square feet.
Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!