Trico Development, Inc. sold the 36-unit Central Avenue Bungalows at 918-930 E. Central Ave. in Redlands, CA to private investors for $3.6 million, or about $103,000 per unit. Built in 1925, the multifamily community totals 30,000 square feet on 3.6 acres at the northwest corner of E. Citrus Ave., just off the 10 Freeway. The property consists of one three-bedroom apartment, one studio apartment, and 33 one-bedroom units. Cray Carlson of CBRE...
via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Redlands-Multifamily-Sells-for-$36M/150729?ref=/News/Article/Redlands-Multifamily-Sells-for-$36M/150729&src=rss
via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Redlands-Multifamily-Sells-for-$36M/150729?ref=/News/Article/Redlands-Multifamily-Sells-for-$36M/150729&src=rss
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