Beachfront Belmont Shore apartment complex sells for $28 million

The 60-unit, beachfront apartment complex Surf Terrace has sold for $28.6 million in Belmont Shore, according to the broker, Morgan Skenderian Investment Real Estate Group.
The sale closed Dec. 4.
The 60-unit, beachfront apartment complex Surf Terrace has sold for $28.6 million in Belmont Shore, according to the broker, Morgan Skenderian Investment Real Estate Group. The sale closed Dec. 4. Damien Breaux of Morgan Skenderian’s Newport Beach office represented the seller in this transaction