Capstone has closed the sale of 10-16 E Fountain Blvd, a 2,391 SF multifamily property for the sale price of $750,000. Jeff Dimmen of Capstone represented the Seller, Lee Wagner of Capstone represented the Buyer on this transaction.
This property consists of one 2 bed unit and four 1 bed units, each unit comes with front and rear entrances with patios. This is an exceptionally well-maintained value add opportunity with room for rent growth. This asset is nearby an abundance of eateries and local coffee shops.
10-16 E Fountain Blvd is conveniently located off South Tejon Street and South Cascade Avenue directly on E Fountain Blvd. The property is within walking distance to the Trolley Block and the new Weidner Field.
Please call or email today to find out how we are different than the average apartment advisors.
About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
