91-Unit Manteca Property Sells for $29.3MM

MANTECA, Calif.--The Mogharebi Group, (“TMG”) has completed the sale of Union North, a 91-unit multifamily community [located at 350 N Union Rd. In Manteca]. The property sold with multiple offers for a sales price of $29,250,000 , which equates to approximately $321,000 per unit or $394 per square foot. The buyer was a private investor based in Arcadia, CA. "The property is 100% occupied with solid cash […]