Ron Mayer Acquires Fontana Multifamily From Brij Mathur For $3.9M

The multifamily property located at 8505 Mulberry Ave. in Fontana has been sold for a total price of $3,900,000. The transaction took place on May 17, 2022. The property consists of 15 units, with a price per unit of $260,000. The total area of the property is 16,076 square feet, resulting in a price per square foot of $242. The buyer of the property is Ron Mayer, while the seller is Brij Mathur. The deal was facilitated by Everett Wong from Greysteel.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,900,000
• Units: 15
• Price per Unit: $260,000
• Square Feet: 16,076
• Price per Square Foot: $242
• Market: Fontana

Everett Wong from Greysteel represented the buyer Ron Mayer in this transaction. These individuals and companies played key roles in the successful completion of the sale of 8505 Mulberry Ave. in Fontana.