Located at 2455 S. Fern, the 37,408-sf property consists of 40 units that were 100% occupied at the time of sale. The mix here includes eight one-bedroom and one-bath units, eight two-bedroom and one-bath apartments and 24 two-bedroom and two-bath units. Floor plans range from 728 sf to 1,008 sf.
Built in 1988, the Belcourt Apartments complex boasts a wide range of amenities. They include a swimming pool, spa, landscaped courtyards, poolside cabana with restrooms and a common laundry room with four washers and four dryers. All driveways are gated and parking is plentiful, with 40 carports and 45 open spaces available.
Alex Mogharebi of the Ontario office of Marcus & Millichap Real Estate Investment Brokerage Co. acted on behalf of both the buyer, Rim Pacific Investors Belcourt, and the seller, an entity known as Affordable Housing Associable Court.
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