SALE HIGHLIGHTS

• Sales Price: $1,655,000
• CAP Rate: 5.22% | 13.07 GRM

SELLER’S STORY

ANOTHER HAPPY SELLER!

Feeling overwhelmed by the day to day responsibilities of apartment ownership, my client decided to exit apartment ownership especially given the fact her children had no interest in continuing to manage the properties on her behalf. Looking for a viable 1031-Exchange option, and after thorough research, my client found that a DST (Delaware Statutory Trust) allowed her to eliminate management headaches, maintain monthly cash flow, and defer Capital Gains Taxes.

Once she solidified her exit strategy, the next step was finding a trusted real estate expert to handle the sale of her multi-family property. After interviewing three agents, she chose Kris and The Apartment Dealer team for our expertise in multi-family investment sales. The result? The property sold for all cash, with no repairs required from the seller.

This marks the 5th property Kris has successfully sold for this family as they continue to strategically dissolve their real estate portfolio.

If you're thinking about your next steps in real estate, whether it's optimizing your investments or planning an exit, I'd love to discuss how we can help you achieve your goals.

HOW DID WE DO IT?

• 1,800 - Direct Mailers Sent to Internal Investor Database
• 6,500 - Emails Directly Sent to Exclusive Buyer List
• 3,200 - Facebook and Instagram Views
• 19,230 - Views on Listing Search Sites

PROPERTY HIGHLIGHTS

• PRIDE OF OWNERSHIP ASSET!
• LARGE 2-Bed/1-Bath Units
• 5,224 Rental Sq. Ft. | 7,532 Sq. Ft. Lot
• Tenants Enjoy Onsite Carport Parking & Laundry Facility
• Interior Upgrades Over Time
• Close Proximity to Manhattan Beach, Sofi Stadium & LAX Airport
• 25% UPSIDE IN RENTAL INCOME!