Brookstone Apartments

BUENA PARK, CA-A portfolio of three apartment complexes totaling 344 units has hit the market at an asking price of $59 million, with the properties also being offered for sale individually, according to the Hendricks & Partners team that is listing the portfolio. The largest of the three, all of which are being offered debt-free, is the 184-unit Brookstone here in Buena Park. The other two are the 93-unit Cabot Bay in the Northern California city of San Leandro and a 67-unit property called “the Hills” in Glendale.

The portfolio is being marketed on behalf of a Dallas-based pension fund adviser by a Hendricks & Partners team including Dean Zander in the Hendricks West L.A. office, Shane Shafer of the Orange County office and Mark Feldman of the firm’s San Francisco Bay Area office.

The Hills