The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
April 13, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Anaheim Multifamily Asset Trades for $79 Mil


Chateau de Ville, a 254-unit multifamily property in Anaheim, sold for $79.1 mil, or $311k/unit. The property is located at 2020 W. Alameda Ave, east of Brookhurst St on the southwest side of I-5.

Built in 1970 on nine acres, Chateau de Ville is a 21-building, controlled-access community with a swimming pool, clubhouse and fitness center. The unit offers a mix of one- and two-bedroom apartments with hardwood floors, walk-in closets, air-conditioning and a patio or balcony.

The property is in North Anaheim, home of Knott’s Berry Farm. Interstate 5 is nearby, and California State University, Fullerton, Hope International University, and Cypress College are within a short drive. Anaheim’s major employers include Disneyland, Anaheim Regional Medical Center, Kaiser Permanente and the Honda Center.

Tyler Leeson and Matt Kipp with Marcus & Millichap represented the seller, a long-term partnership, and procured the buyer, a private investor. This was the first time the property traded in over 50 years.

“As the only market in the nation to enter 2024 with Class A and Class B multifamily vacancy rates below 4%, we expect to see increasing competition for apartment assets throughout Orange County,” said Kipp.

Return to the Archive page





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media