The Downey, California-headquartered real estate owner and operator L’Abri Management closed out 2023 with an off-the-market multifamily acquisition in Palm Desert. The all-cash purchase — which L'Abri made from a private investor in Sacramento — clocked in at $2.2 million, or just about $220,000 per unit.
Palm Desert, California, Multifamily Property Trades Hands
The 10-Unit Apartment Building Sold for the First Time in More Than Two Decades
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IN THIS ARTICLE
- Properties
- The Summit
73435 San Gorgonio Way, Palm Desert, CA
- Contacts
- Andrew Boukather
Managing Partner, MBI Equity Partners
- Brigitte Schroeder
Realtor, MJC Realty
- Daniel Blackwell
Executive Vice President, CBRE
- Silke Schroeder
Realtor, MJC Realty