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    Stepp Brokers 26-Unit Asset in Downey for $5,989,000

    March 23, 2019

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    Stepp Commercial worked with the buyer to purchase Bellflower Boulevard Apartments, a 26-unit asset in Downey, California.  Located in a central location near Firestone & Lakewood Boulevards, the all-electric building was 50% renovated at a 4.4% cap rate and 14.34 GRM.

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