SOLD
Mark Bonas Of The Mogharebi Group Facilitates $16.5M Sale Of Vantage Point Apartments In Bakersfield
6001 Auburn Street
MultiFamily
Sold 58 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The Vantage Point Apartments, a 144-unit multifamily community located at 6001 Auburn Street in Bakersfield, CA, were sold for $16.5 million. The transaction was facilitated by Mark Bonas from The Mogharebi Group, representing a Central Valley-based investor.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $16,500,000
- Units: 144
- Price per Unit: $114,583
- Market: Bakersfield
- Asset Type: Multifamily
- Acres: 6.31
Mark Bonas, a broker from The Mogharebi Group, played a key role in the off-market transaction of the Vantage Point Apartments. This deal marks TMG's involvement in the two largest multifamily deals in Bakersfield since early 2023.
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Details
SOLD
IMAGE: Mark Bonas
DATE: 03/06/2024
ADDRESS: 6001 Auburn Street
MARKET: Bakersfield
ASSET TYPE: Multifamily ~ ACRES: 6.31
BROKER: Mark Bonas - The Mogharebi Group
SALE PRICE: $16,500,000
UNITS: 144 ~ PPU: $114,583
NOTE: The Mogharebi Group (TMG) arranged the $16.5 million sale of Vantage Point Apartments, a 144-unit multifamily community in Bakersfield, CA, representing a Central Valley-based investor. TMG's Mark Bonas facilitated this off-market transaction, marking their involvement in the two largest multifamily deals in Bakersfield since early 2023.View on map
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Address6001 Auburn Street
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