Monrovia Multifamily Property Sells for $100 Million
Moda at Monrovia Station, a 261-unit multifamily building in Monrovia, has sold for $100 million. Opportunity Housing Group Inc., acting as property administrator with the California Statewide Communities Development Authority, purchased the building from Griffin Capital Co. and Legacy Partners.
The property is located at 228 W. Pomona Ave.
Greg Harris, Kevin Green and Joseph Grabiec with Marcus & Millichap’s Institutional Property Advisors division represented the sellers and found the buyers.