Alexanian Advisors close $18,625,000 in a 40 day time frame.

As witnessed in 2014, the current interest from buyers for apartments has continued a steady surge. However the lack of inventory (currently only 7 properties for sale 5 units and up) has further driven values to higher peaks.

We are happy to report that the Alexanian Apartment Advisors control approx. 45% of market share in Glendale & Burbank apartment sales. Below is a quick summury of our 2015 closings.

1.
1335 E Harvard St, Glendale – Record Breaking Sale
$6,750,000
24 units
Off Market Transaction
Represented Buyer

2.
1169 Raymond St, Glendale
$2,060,000
8 units
Represented Seller, 1031 exchange

3.
432-434 W Stocker St, Glendale – Apraised $250,000 less
$4,800,000
20 units
Off-Market Transaction
Represented Seller & Buyer

4.
341-343 W Dryden St, Glendale – Record Breaking Sale
$4,800,000
20 units
Represented Seller

5.
617 W Stocker St, Glendale – Record Breaking Sale
In Escrow – closing next week
9 units
Represented Seller

Posted on September 10, 2015 in Uncategorized

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