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THE MONTANA BUNGALOWS - A record apartment building sale for echo park

David Bramante and BRE Investment are very pleased to announce that after a month of thorough marketing and extensive negotiating with multiple investors, we were able to sell the Montana Bungalows for $3,050,000 all-cash. This is a record shattering price for a 6-unit apartment building in Echo Park.

After much negotiating, we were able to present several competitive offers to the seller, with our ultimate buyer accepting a 100% non-contingent counter offer which included a $91,500 pass through to the seller on the first day of escrow.

It takes a keen eye to effectively market a property, and a proven track record to negotiate these types terms and prices. We are able to do this because, this David's 11th year specializing in multifamily properties in Echo Park and Silver Lake.

It's been rewarding working with so many people and helping them through some of the biggest transactions of their lives, but I feel like we're only getting started. If you're interested in selling your property, then contact me so I can give you a quick and honest analysis of your property's value.

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