We were consulted by an investor who manages and owns a 26 unit(multi-family) apartment building in Canoga Park. The client was tired of dealing with maintenance issues and managing tenants who were careless. We were also conscious that our client was living off the income of this property and we wanted set a goal to make sure the income was duplicable. Client hires our team to market and list the property. We engaged our entire team and some vendors to produce the necessary marketing materials (photography, drone video, marketing brochure, flyer, etc…). Within a couple weeks of marketing, we were able to obtain multiple offers, over asking.

Our client moved forward with a Buyer who was highly motivated and had significant expierance as a Landlord. Then utilized a strategy to allow enough time for finding a replacement property in a Landlord friendly city (Indianapolis). This shopping center we identified was anchored by Dollar General (which is publicly traded) and had 9 other tenants. The shopping center assets is much easier to manage when tenants livelihoods are their business. We identified a local professional management team, inspected the property in person. Then after due-diligence we were able to forecast that our clients income in re-investing into this new asset would actually increase by 24% from the amount they were achieving in Canoga Park. The deal closes successfully and the rest is history.