Chris Keramati, one of three partners at Triqor Group, has sold a beautiful, 1980’s constructed and garden-style apartment community in the attractive city of Paramount for a closing sale price of $5,150,000. The property consists of all 2 bedroom, 2 bath units which offer spacious patios or balconies. Residents enjoy ample carport parking, secured gated entry, and a community laundry room. Having close access to the 105 freeway allows residents an easy commute to surrounding cities and employment opportunities. The Seller, Mahmoud Abdellatif kept the property in excellent condition and sold it to Pendo Investments, a savvy investment group that quickly realized the fortunate opportunity in owning a property with rents being approximately 20% below market and taking an aggressive management approach to stabilize the asset and enjoy a great income producing property and creation of value.
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