Written by David Munz (email@example.com)
December 16, 2009
Inland Sells 99 Condos in Van Nuys
Sonterra Units Sell for $6.2 Million
Inland Real Estate Corp. sold 99 condominium units at 15425 Sherman
Way, within a project known as Sonterra to Gidi Cohen for $6.15 million, or
$62,121 per unit. This was an REO sale.
The project consists of a total of 161 condominium units. Amenities include
a pool, spa, fitness center, BBQs, and fountains. The sale included a unit
mix of 31 studios, 61 one-bedroom/one-bathrooms units, six two-
bedrooms/one-bathroom units and one two-bedrooms/two-bathrooms unit.
Ronald Harris of Marcus & Millichap represented the seller and the buyer.
Please refer to CoStar COMPS #1822785 for more information.