MB Equity Acquires Multifamily Property In Glendora For $3.2M

M.B. Equity, led by Mark & Brian Abernathy, has acquired a multifamily property located at 628 Lemar Park Drive in Glendora. The property consists of 10 units, with a sale price of $3,200,020, equating to a price per unit of $320,002. The total square footage of the property is 9,164, resulting in a price per square foot of $349.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,200,020
• Address: 628 Lemar Park Drive, Glendora
• Market: Glendora
• Buyer: M.B. Equity – Mark & Brian Abernathy
• Seller: Puro Descansando Partners II – Brad Kaplan
• Broker: Shant Sherbetdjian
• Units: 10
• Price per Unit: $320,002
• Square Footage: 9,164
• Price per Square Foot: $349

Shant Sherbetdjian represented the buyer and seller in this transaction.