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12/06/19
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Knott Townhouses, a four-building, 28-unit multifamily property in Buena Park, was acquired by an investment entity for $8.06 mil, or about $288k/unit. Located at 7051 9th St, the property is a two-story, garden-style complex situated on a spacious 1.42-acre lot.
Knott Townhouses consists of 20 two-bedroom and eight three-bedroom townhome-style units surrounding a private interior courtyard. The property was built in 1972 but has undergone numerous recent upgrades to its plumbing, heating, and security systems. Amenities include covered parking, remote gated entry, and on-site laundry facilities.
Mark Bridge with Cushman & Wakefield represented the buyer in the transaction. Medik Georgian with Real Pro Realty repped the seller, Benfert Enterprises LLC.
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