IPG Maintains Lasting Client Relations Resulting In Smooth Transactions
Bellflower, Calif– Investment Property Group is pleased to announce the sale of Vista Verde Apartments, a beautiful 44-unit complex located at 9146 Somerset Blvd, Bellflower, CA. Vista Verde is a well-kept, gated apartment building with a pool, barbeque grills, and picnic tables.
This was an off market transaction with a private investor. The buyer was Strattford Capital, a private equity real estate firm based out of Irvine, CA. Chris Keramati acted as both the listing and selling agent in this transaction. The key driver for the seller to move forward with the sale after owning the property for over 40 years was the buyer’s strong offer price and certainty of execution. This sale marks Strattford Capital’s seventh transaction within the last two years.
“With nearly a decade long relationship with the seller, I knew a quick close and certainty of execution was very important to him. Consequently, I had to bring in a buyer that understood the submarket and had a strong value-add strategy. Strattford Capital has consistently shown their ability to close transactions, which made them the perfect buyer.”