Spencer Heichman and Scott Parker of Triqor Group have closed Buena Sands of Buena Park, an immaculately maintained 54-unit property at 7425 9th Street in Buena Park, with a closing sale price of $10,200,000, cap rate of 4.1% and GRM of 13.72.
The Seller, Granite Investment Group was linked with one of Triqor Group’s 1031 clients, an astute investor who took advantage of our firm’s unique 1031 Tax Deferred Exchange Program and utilized Buena Sands as an upleg property.
Triqor Group continues to encourage and educate their clients on 1031 exchanges and provide the proper information and guidance that will ultimately benefit the client in the long run, as they’ve demonstrated with this buyer of Buena Sands.
