3330 Chapman St, Glassell Park

Price: $1,042,500

Units: 12

3330 Chapman was another off market transaction of MVI's.  I guess pounding the phones for hours on end does work!  Seller had a portfolio of properties he was looking to get out of.  Although some of the other properties didn't work out for us we had a perfect buyer for this one. He picked up this deal for $86,875 per door.  Today properties in this area are selling for 170k per door!  Needless to say I think this was another success for one of our great clients.  Don't be surprised if you see this building on our blog again sold for a higher price in the near future!