SOLD
Flowing Streams LLC Acquires Multifamily Community In Pomona For $9.9M
3016 North Garey Avenue
MultiFamily
Sold 18 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The North Garey Village Apartments in Pomona have been sold for $9.9 million. The property consists of 44 residences spread across 11 apartment buildings on a 1.5-acre parcel. Located at 3016 N. Garey Ave., the multifamily community offers amenities such as single-car garages, on-site laundry facilities, and select units with fireplaces.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,900,000
- Units: 44
- Price Per Unit: $225,000
- Address: 3016 North Garey Avenue
- Market: Pomona
- ACRES: 1.5
Marcus & Millichap's Douglas McCauley and David Covarrubias represented the seller, Kot and Offenbecher Trust, in the transaction to sell the North Garey Village Apartments. The sale was facilitated by these brokers by successfully procuring the buyer, Flowing Streams LLC.
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3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Douglas McCauley & David Covarrubias
DATE: 05/02/2024
ADDRESS: 3016 North Garey Avenue
MARKET: Pomona
ASSET TYPE: Multifamily ~ ACRES: 1.5
SELLER: Kot and Offenbecher Trust
BROKERS: David Covarrubias & Douglas McCauley - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $9,900,000
UNITS: 44 ~ PPU: $225,000
NOTE: Flowing Streams LLC has acquired North Garey Village Apartments, a multifamily community in Pomona, for $9.9 million. The property, located at 3016 N. Garey Ave., features 44 residences spread across 11 apartment buildings on a 1.5-acre parcel with amenities such as single-car garages, on-site laundry facilities, and select units with fireplaces. Marcus & Millichap's Douglas McCauley and David Covarrubias represented the seller, Kot and Offenbecher Trust, and facilitated the transaction by procuring the buyer.View on map
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Address3016 North Garey Avenue
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