After multiple offers, a 35-year-old multifamily property in Santa Ana sold for the first time for $6.8M.
The 29-unit multifamily development is spread over four separate parcels on 2.26 acres. Its sale was part of a 1031 exchange.
Colliers International senior vice president Patrick Swanson and associate Brenden Felix repped the seller. Both Swanson and Felix are based in Colliers’ Irvine office.
Read the full article at Bisnow.