Hardt Investments has sold the 168-unit Tyner Ranch Apartments in Bakersfield, Calif., for $31 million, or $184,523/unit. The local company sold the property to an unnamed Modesto, Calif., investment group in a deal brokered by Mogharebi Group. Tyner Ranch, at 812 Workman St., was built between 2006 and 2007, and has two- and three-bedroom townhome-style […]

The post Bakersfield, Calif., Apartment Property Sold for $31Mln appeared first on Commercial Real Estate Direct.