Coronado South Apartments LP acquired the 715-unit Coronado at Newport South apartments in Newport Beach from Newport Beach South LLC. The property sold for $106 million, or $148,252 per unit. The capitalization rate was 6.38%.
Coronado South Apartments LP acquired the 715-unit Coronado at Newport South apartments in Newport Beach from Newport Beach South LLC. The property sold for $106 million, or $148,252 per unit. The capitalization rate was 6.38%.
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