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FPA Multifamily Sells Veranda Riverside Apartments

Interwest Capital Purchases 128 Units for Nearly $35.4 Million
The apartments were built in 1987 on 6.6 acres in the Ramona multifamily market of Riverside County, in Southern California's Inland Empire. (CoStar)
The apartments were built in 1987 on 6.6 acres in the Ramona multifamily market of Riverside County, in Southern California's Inland Empire. (CoStar)
By Joe Scheitlin
March 14, 2022 | 5:00 P.M.

FPA Multifamily sold the 128-unit Veranda Riverside multifamily complex at 6195 Pegasus Drive in Riverside, California, for $35.35 million, or about $276,000 per unit, to Interwest Capital Group.

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