4/28/2008

Long Beach apartments offered for $27.5M

by

Patio Garden Apartments

The Patio Garden Apartments, a 127-unit apartment complex in Long Beach, Calif., has been placed on the sales block with an asking price of $27.5 million, or $216,535 per unit.

Kevin King of Marcus & Millichap's Long Beach office is representing the seller in the offering.

The Patio Garden Apartments are comprised of 19 two-story buildings with 127 detached individual garages. The complex is situated on nearly six acres at 4826-5002 East Los Coyotes Diagonal. It contains 127,976 rentable square feet on a 257,875 square foot lot.

Address: 4826-5002 East Los Coyotes Diagonal, Long Beach, Calif.

Size: 127 units

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Filed Under: Multi-Family

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