Monty Cochran Sells Glendale Multifamily For $9.25M - Greg Alexanian Brokers

A multifamily property located at 130 W. Mountain St. in Glendale has been sold in a record-breaking off-market deal. The transaction, which took place on December 3, 2021, was handled by Greg Alexanian of Alexanian Apartment Advisors. The property consists of 21 units, spanning a total square footage of 27,564. The sale price for this transaction was $9,250,000, resulting in a per unit price of $440,476 and a price per square foot of $335.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,250,000
• Units: 21
• Price per Unit: $440,476
• Total Square Footage: 27,564
• Price per Square Foot: $335
• Address: 130 W. Mountain St., Glendale
• Market: Glendale

This landmark transaction was orchestrated by Monty Cochran as the seller and Greg Alexanian of Alexanian Apartment Advisors as the broker representing the deal. Alexanian Apartment Advisors, known for their expertise in the Glendale and surrounding submarkets, have closed deals worth a total of $1 billion and consisting of 3,200 units. They provide tailored opinions of value and investment opportunities to apartment owners in the area.

For more information or to explore investment opportunities, you can contact Alexanian Apartment Advisors at (818) 239-1206 or via email at [email protected]. Visit their website at www.alexanianadvisors.com.