Steel Park Manor, a Spanish-style multifamily building in California.

CBRE Brokers $12 Million Sale of Three-Property Portfolio in San Bernardino, California

by Channing Hamilton

SAN BERNARDINO, CALIF. — 79 Lotus Apts, LLC acquired a portfolio in San Bernardino’s South Pointe neighborhood for $12 million. San Bernardino is located 60 miles east of Los Angeles. CBRE’s Eric Chen represented both the buyer and the undisclosed seller in the transaction. The portfolio comprises 79 units across three properties, including: Lotus, a 19-unit property; Steel Park Manor, a 32-unit property; and Wier Park, a 28-unit property. Units come in one- and two-bedroom floorplans.

You may also like