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April 18, 2024
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MULTIFAMILY NEWS
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Redlands Apartment Sale Comp Comes in at $117k/Unit
1/17/19
A 24-unit apartment property in Redlands sold for $2.8 mil, or $116.7k/unit. The property is located at 312 Cajon St, sout of I-10 off Redlands Blvd.

Built in 1950, the property features 20 one-bedroom/one-bath units and four two-bedroom/one-bath units totaling 17.6k sf in size. The building sits on a 0.72-acre lot.

John Stephens with Marcus & Millichap represented the seller, a limited liability company, and secured the buyer, also a limited liability company.





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