Chris Walker of Triqor Group has sold a well maintained, 15-unit property in Long Beach, at 3601 E. Vermont St., just minutes from the coastline and Long Beach’s prestigious Bixby Park. Equipped with excellent amenities including a secure, gated entry, a sparkling pool and a great mix of studios, one, two and three bedroom units make the property highly attractive to the public and current tenants. The Vermont Property sold to a private investor for a closing price of $3,250,000, a cap rate of 5.1% and GRM of 12.6.
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