Jordan Sachs Of Bold Partners Purchases 50-Unit Multifamily Property From Jack Forrest For $15.7M

The multifamily asset located at 10020 Zelzah Avenue in the Northridge market was sold for a total of $15,700,000. This property consists of 50 units and encompasses a square footage of 63,406. The price per unit stands at $314,000, while the price per square foot is recorded at $247.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,700,000
• Units: 50
• Square Footage: 63,406
• Price Per Unit: $314,000
• Price Per Square Foot: $247
• Buyer: Jordan Sachs - Bold Partners
• Seller: Jack Forrest
• Broker Representatives: Chase Simonton & John Sarna - RE/MAX One

This transaction involved Jordan Sachs and Alex Nachum representing the buyers from Bold Partners alongside Jack Forrest as the seller. The brokers from RE/MAX One Commercial, Chase Simonton and John Sarna, managed the representation for both the buyer and seller in this transaction.