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Private Investor Acquires 22-Unit Complex

SANTA ANA, CA-It is the latest in a string of apartment complexes to change hands in Orange County in recent weeks, as investors continue to eye multifamily product here. The complex, which has sold for $1.4 million, was 100% occupied at the time of sale.

By Erin Cassin | Updated on January 14, 2002

SANTA ANA, CA-Multifamily transactions continue to roll in, as yet another Orange County apartment complex has changed hands in a deal valued at $1.4 million.

A private investor has snapped up the 22-unit property, known as The Park Lyon Apartments. Located at 502-508 N. Lyon St., the complex consists of two buildings. It was 100% occupied at the time of sale.

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