8919-Mango-Ave-Fontana-CA

CBRE Arranges $6.3M Sale of Multifamily Community in Fontana, California

by Amy Works

FONTANA, CALIF. — CBRE has brokered the sale of an apartment property located at 8919 Mango Ave. in Fontana. A local private investor acquired the asset from an undisclosed private seller for $6.3 million.

Built in 1973, the community features 25 apartments in a mix of one-, two- and three-bedroom floor plans, with an average unit size of 787 square feet. Units offer high-speed internet access, air conditioning, heating and kitchen appliances. Onsite amenities include laundry, carport and surface parking, a secure entry gate and landscaping.

Eric Chen, Blake Torgerson and Hunter Wetton of CBRE represented the buyer and seller in the deal.

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