SOLD
MG Properties Group Acquires Multifamily Property In Menifee For $156M
30414 Town Center Drive
MultiFamily
368,953 SF
368,953 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
368,953 sqft
The multifamily property located at 30414 Town Center Dr in Menifee has been sold for a total of $156,000,000. The transaction took place on October 29, 2021. The property consists of 330 units, resulting in a price per unit of $472,727.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $156,000,000
- Address: 30414 Town Center Dr, Menifee
- Market: Menifee
The buyer in this transaction is MG Properties Group, represented by Mark Gleiberman, while the seller is MBK Rental Living, represented by Craig Jones. The brokers involved in the deal are Rachel Parsons and Derrek Ostrzyzek from Berkadia, as well as Cameron Chalfante from CBRE.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Rachel Parsons, Derrek Ostrzyzek & Cameron Chalfante
DATE: 10/29/2021
ADDRESS: 30414 Town Center Dr.
MARKET: Menifee
ASSET TYPE: Multifamily
BUYER: MG Properties Group - Mark Gleiberman
SELLER: MBK Rental Living - Craig Jones
BROKERS: Rachel Parsons & Derrek Ostrzyzek - Berkadia; Cameron Chalfante - CBRE
SALE PRICE: $156,000,000
UNITS: 330 ~ PPU: $472,727View on map
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Address30414 Town Center Drive
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