Neema Ahadian's TheNeemaGroup Broker Sale 26 Multifamily Buildings For $102.3M

The Armor Portfolio, consisting of 26 buildings totaling 642 units, was recently sold in a closed transaction. The properties are located at 1433 Miramar Street, 1135 South Grand View Street, 416 South Grand View Street, 625 South Burlington Avenue, 733 South Coronado Street, 323 South Burlington Avenue, 501 South Burlington Avenue, 512 South Bonnie Brae Street, 1812 West 5th Street, 1817 West 4th Street, 1408 South St Andrews Place, 1809 South St Andrews Place, 1500 South Gramercy Place, 1554 South Gramercy Place, 1801 South Manhattan Place, 1841 South Manhattan Place, 2360 West 18th Street, 4015 West Adams Boulevard, 1147 Broad Avenue, 822 North Marine Avenue, 920 North Avalon Place, 825-837 East 108th Street, 6121 Crenshaw Boulevard, 14924 Roscoe Boulevard, 14949 Roscoe Boulevard, and 6736-6800 West Boulevard. The properties are located in Westlake, Harvard Heights, Willowbrook, Wilmington, and Panorama City. The transaction involved multiple buyers and was facilitated by Neema Ahadian of @TheNeemaGroup.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $102,255,000
• Square Footage: 405,095
• Price Per Square Foot: $252.42
• Units: 642
• Price Per Unit: $159,275

The Armor Portfolio sale highlights the successful transaction of these multifamily properties, demonstrating a strong market demand in Westlake, Harvard Heights, Willowbrook, Wilmington, and Panorama City. The collective effort of Neema Ahadian and @TheNeemaGroup in managing the deal has resulted in the successful sale of these properties to multiple buyers within a single year.