CBC Basen-Schendel Sells Prime Hesperia Apartment Building
Bob Basen and Jerrad Schendel of Coldwell Banker Commercial have coordinated the sale of a prime 12-unit apartment property located on Maple Avenue in Hesperia, securing the highest price in this category in Hesperia so far for 2017. Representing both the buyer and seller of the property, it was important to Basen and Schendel to get both clients an actionable concept to deliver the best results for each client’s goals.
Coldwell Banker Commercial Vice President, Bob Basen and Senior Client Advisor, Jerrad Schendel, worked diligently to market the property a well-maintained and fully occupied 12 unit apartment building located with easy access to Interstate 15 and future development possibilities on the 2.5-acre property were excellent points highlighted in their marketing campaign to generate multiple offers.
“Our presence as Investment specialists in the in the High Desert, along with our high volume of sales and transactions, prompted the buyer to seek out our service,” stated Basen. “The property was exactly what he was looking for, and we were able to make it happen.”
Basen and Schendel made sure both the buyer and seller received outstanding service. “We ended up finding a lender with better interest rates and terms than the buyer initially wanted, causing the buyer’s investment to have a better return off the bat without costing the seller any additional money,” stated Schendel.
Although the current market is tight on inventory, Basen and Schendel are optimistic about the market for both buyers and sellers and continue to offer their clients exceptional service and value in this competitive market.