Hardt Investments Sells Bakersfield Multifamily For $31M With Mark Bonas - The Mogharebi Group

A multifamily property located at 812 Workman St. in Bakersfield has been sold for $31,000,000. The transaction, which took place on 08/04/2022, involved the sale of a property consisting of 168 units. The price per unit (PPU) for the multifamily asset was $184,523. The seller of the property was Hardt Investments, and the transaction was facilitated by Mark Bonas of The Mogharebi Group.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $31,000,000
• Units: 168
• Price per Unit (PPU): $184,523
• Seller: Hardt Investments
• Broker: Mark Bonas - The Mogharebi Group

Mark Bonas of The Mogharebi Group represented the seller, Hardt Investments, in the transaction. The sale of the multifamily property at 812 Workman St. in Bakersfield signifies a significant deal in the market.