42 Units Just Closed By Chris Keramati in Cypress
Triqor Group, an apartment advisory and brokerage firm based in Newport Beach, California, with offices in Seal Beach and in Carlsbad, just closed a 42-Unit Apartment Complex in Cypress, California at a price of $19,500,000.
The property was developed and constructed in 1990 by the Seller and was listed for the first time by Chris Keramati of Triqor Group. With its expansive units and condo-like amenities, the property attracted several buyers during the initial marketing term. Representing both buyer and seller, Managing Partner, Chris Keramati negotiated strong terms for the Seller and was able to achieve a final price within 2% of list price. The Buyer was pleased to add a rare Cypress acquisition to their growing Southern California multifamily portfolio.
Since its beginning in 1993, the company continues to be a dominate brokerage firm within the multifamily investment market in Southern California and is continuing to add experienced agents to its team.