Shady Lane Apartments, located on the major thoroughfare of Paramount Blvd. in Downey, has sold for $4,300,000 by Chris Keramati, Managing Partner of Triqor Group. Prior to the sale, the property had been owned long term by the same partnership, resulting in rents over 40% below market. With a keen understanding of the current rental market, convenient location with full street frontage for prospective tenants and the inviting unit mix of one and two-bedroom apartments, the buyer took the opportunity of owning Shady Lane Apartments with anticipation of a fortunate outcome.

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