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Wednesday, February 6, 2013

Colony Apartments Sell for $22.1M

JH Real Estate Partners purchased The Colony Apartments at 102 N. Lemon Ave. in Ontario, CA for $22.1 million, or about $138,000 per unit, from J.H. Snyder Company. The property was 94 percent occupied at time of sale. Built in 2008, the four-building multifamily complex totals 141,916 square feet on 2.5 acres encompassing an entire block bordering E. B St., Plum Ave. and E. Holt Blvd. in the Airport Area submarket. The Colony is comprised of 80...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Colony-Apartments-Sell-for-$221M/145109?ref=/News/Article/Colony-Apartments-Sell-for-$221M/145109&src=rss

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