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Home Finance SCS Development Spends $87MM on 163-Unit Paragon at Old Town in Monrovia
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SCS Development Spends $87MM on 163-Unit Paragon at Old Town in Monrovia

August 14, 20241 Mins read772
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MONROVIA, Calif., Aug. 12, 2024 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Paragon at Old Town, a 163-unit multifamily asset with 6,077 square feet of ground floor retail in Monrovia, California. The property sold for $87.25 million, or $535,276 per unit.“Located in a submarket […]

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