Tayebi Sierra LLC and SGA Partners LP closed escrow on the purchase of Sierra Gardens Apartment Homes at 16787 Miller Ave. in Fontana, CA. The property sold for $5.4 million, or about $84,000 per unit. The buyers are comprised of a 90-10 partnership, with Tayebi Sierra LLC controlling the larger share. Built in 1972, the multifamily building totals 56,192 square feet on 4.6 acres and consists of 32 two-bed, one-bath and 32 three-bed, one-and...
via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218?ref=/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218&src=rss
via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218?ref=/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218&src=rss
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