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2650 Park Lane
SOLD

Mel Melendez Acquires Multifamily Property In Anaheim From Byron Mycorn For $2.78M

2650 Park Lane

MultiFamily
6,773 SF
clock iconSold 106 days ago
Nick Hayner
Greg Alexanian
the dealplayerscompscontact
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Summary

Sale
CALIFORNIA
MultiFamily
6,773 sqft

An apartment building located at 2650 Park Lane in Anaheim has been sold in a recent transaction. The multifamily property consists of 7 units, with a total square footage of 6,773. The sale price for this property was $2,777,500, resulting in an average price per unit of $396,786. The price per square foot is calculated at $410.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,777,500
  • Address: 2650 Park Lane
  • Market: Anaheim

Mel Melendez has purchased the property from Byron Mycorn. The deal was facilitated by Nick Hayner and Greg Alexanian from Alexanian Apartment Advisors. The buyer's limited work history and lack of credit score did not hinder the successful financing of the transaction. Todd Leslie, Executive Director at JPMorgan Chase, played a significant role in securing the financing for the buyer.

Note From Brokers: Psalm 37:25

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Nick Hayner's profile picture
Nick Hayner
Alexanian Apartment Advisors-image
Multifamily Specialist
$44.2M Sold

Details

Deal Summary
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SOLD
IMAGE: Nick Hayner & Greg Alexanian DATE: 01/12/2024 ADDRESS: 2650 Park Lane MARKET: Anaheim ASSET TYPE: Multifamily BUYER: Mel Melendez SELLER: Byron Mycorn BROKERS: Nick Hayner & Greg Alexanian - Alexanian Apartment Advisors (@AlexanianAdvisors) SALE PRICE: $2,777,500 UNITS: 7 ~ PPU: $396,786 SF: 6,773 ~ PPSF: $410 NOTE FROM BROKERS: Psalm 37:25 Successfully secured financing for a buyer with limited work history and no credit score. Major thanks Todd Leslie | Executive Director JPMorgan Chase

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Address2650 Park Lane

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