Chris Walker of Triqor Group has announced the sale of a mix use property located on 710 Cherry Avenue and 2009 7th Street, on a major thoroughfare in the vibrant city of Long Beach.  The seller, Columbine 2 Inc. was linked with the buyer, Michael Krantz and completed the transaction with a total sale price of $3,150,000, cap rate of 5.7% and GRM of 10.74. With 19 residential units and 6 retail units, Krantz realized the great potential of the mix use building, as well as the opportunity of buying a solid investment with over a 6% cap rate on market rents.

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