Our client owned this building for nearly two decades and built up a substantial amount of equity. His ultimate goal was to sell his property for the highest possible price with the fewest contingencies possible so that he could donate all the proceeds to the City of Hope.
Why Lyon | Stahl:
We have developed and fine-tuned our large network of buyers so that their specific buy-side criteria is integrated into our database. This enables us to deliver the right buyers for each unique deal, facilitating a quick close and smooth transaction.
We utilized our aggressive marketing strategy to generate as much activity as possible. Our marketing included a direct mail campaign, email blasts targeting owners and investors, drone footage, and cold calling through all income property owners in Inglewood. In addition, we listed at a price that was consistent with market values in hopes of creating a bidding war.
We received over ten offers and ultimately sold the building for $200,000 over the initial asking price to an all-cash buyer with no contingencies.