Brookfield Residential Acquires 12.1-Acre Site In Arcadia For $58.5M | 4241 Live Oak Avenue | Thomas (Tom) Nguyen | Mobile Home | Sale

Summary

Sale

CALIFORNIA

Mobile Home

Brookfield Residential Properties Inc has acquired a 12.1-acre mobile home park in Arcadia for $58.5 million. The property, located at 4241 East Live Oak Avenue, will be transformed into a gated community featuring 277 townhomes. The development will include solar systems and smart-home technology.

Summary of transaction details

Property Type: Mobile Home Park
Transaction Amount: $58,500,000
Address: 4241 East Live Oak Avenue, Arcadia
Market: Arcadia
Acres: 12.1

The purchase was made from Prime Enterprises LLC. Tom Nguyen from eXp Commerical represented Brookfield Residential Properties Inc in the transaction.

Players

All
2

Agents
1
Agencies
1

Thomas (Tom) Nguyen

Real Estate Sales Consultant

$58.5M Sold

EXP Realty

Details

Deal Summary

SOLD

IMAGE: Tom Nguyen DATE: 06/22/2023 ADDRESS: 4241 East Live Oak Avenue MARKET: Arcadia ASSET TYPE: Mobile Home Park ~ ACRES: 12.1 BUYER: Brookfield Residential Properties Inc SELLER: Prime Enterprises LLC BROKER: Tom Nguyen - eXp Commerical SALE PRICE: $58,500,000 NOTE: Brookfield Residential Properties has purchased a 12.1-acre site in Arcadia for $58.5 million. The vacant property will be developed into a gated community with 277 townhomes, featuring solar systems and smart-home technology.

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Address4241 Live Oak Avenue

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