HIGHLIGHTS
Sold for $19,000,000 ($174,312/Unit)
Was on the Market for 24 Days
60 Day Close
Received Eight Offers
Buyer Waived All Contingencies
Buyer Released Deposit at Execution of the Purchase Agreement
Los Angeles Buyer
3.92% Cap Rate on Current Operations
Sold $500,000 Over Asking Price
Jon Mimms of the “Mimms Group” Represented Seller and Buyer in this Transaction.