7 Units | Covina

Transaction Highlights

Investment Highlights

  • Another Income-Producing Investment Asset Added onto Buyer's Portfolio
  • Closed Escrow with a 15.88 GRM and 4.23% Cap Rate on Current Rents
  • Highest-Priced 7-Unit Ever Sold in Covina
  • Shant Closed Escrow On-Time for Seller to Secure Their Out-Of-State Properties
  • Shant Sherbetdjian Represented BOTH the Buyer and Seller, a 'Win-Win' for Seller (whose terms are transparent to buyer) and Buyer (who knows what's required to close the deal)
  • Shant Successfully Satisfied Seller's Retirement Wishes
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