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5 Units in Bell Gardens

Just SoldSold

6850 Ira Ave, Bell Gardens, CA 90201, USA

Sold for$1,050,000$210,000/Per Unit

Just Sold, Sold

Description

SALE HIGHLIGHTS

Sold for $1,050,000 – $100,000 Over List Price!
15.49 GRM | 4.43% CAP Rate
$210,000 Per Unit | $439 Per Sq. Ft.
Multiple Offer Bid Resulting in Above Market Pricing

HOW DID WE DO IT?

4,900 – Postcards Mailed to Investors
16,473 – Investors Reached on Facebook & Instagram
54,358 – Internet Views
2,090 – Unique Prospects
1,631 – Detail Page Clicks
1,442 – Apartment Dealer Website Views
5,134 – Marketing Emails Sent to Investor Database

MARKETING MATTERS!
MORE EXPOSURE = MORE VIEWS = MORE OFFERS = BIDDING WAR THAT SELLERS WIN!

WHY DID THE OWNER SELL?

The Owner sold this property, plus an additional property, and combined the equity of both to execute a 1031-Exchange.
We found that the owner could increase their monthly net cash-flow, number of units owned, as well as take advantage of additional tax savings of depreciation, by completing the exchange.
The new exchange property was found by my team “off-market” and is now in escrow.