Raintree Partners Buys Woodside Terrace Apartment Property in Alhambra, California for $26.2M

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Raintree Partners Buys Woodside Terrace Apartment Property in Alhambra, California for $26.2M

ALHAMBRA, CALIF. — Raintree Partners has acquired Woodside Terrace, an apartment property in Alhambra, for $26.2 million, or $312,500 per unit. Built in 1972, Woodside Terrace features 85 apartments, a swimming pool, lounge deck, laundry facilitates and assigned parking. Apartments have original cabinetry, floor-to-ceiling pantries and private balconies or patios. Joseph Grabiec, Kevin Green and Gregory Harris of Institutional Property Advisors …