BROOKDALE GARDENS l MERCED, CA l 74 UNITS
Brookdale Gardens (76 units) in Merced for $6,200,000
HIGHLIGHTS
Marcus & Millichap Represented Seller and Buyer.
Sold 98% of List Price.
Los Angeles Buyer.
Was on the Market 22 Days.
Sold at a 5.5% Cap Rate on Current Operations.
Buyer Assumed the Loan.
15 Day Due Diligence/70 Day Close.
$83,784/Unit.
Jon Mimms of the “Mimms Group” Represented Seller in this Transaction.