API Completes the Sale of a 4-Unit Apartment Building in Compton
Alden Pacific Investments recently completed the sale of a 4-unit apartment building in Compton. This property closed at a purchase price of $860,000, trading at a CAP rate of 6.6% and a GRM of 9.89. The building offered a unit mix of (2) 3 BD/ 2 BA units and (2) 2 BD/ 1 BA Units with the potential to add 2 ADUs. Associate Derek Branch represented both the buyer and the seller on this transaction.
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