Imperial Beach Multifamily Property Sold By Apartment Realty Group (ARG)

SAN DIEGO - June 17, 2014 - PRLog -- June 17^th, 2014 -- The 16^th Street Apartments, located at 841 16^th Street has been sold for $515,000.  Located in an up and coming and highly sought after coastal community of the Imperial Beach submarket, this triplex features a large 4 bedroom / 2 bathroom main house with a detached two-story workshop, as well as a duplex that are both 2 bedroom / 1 bathroom units each with own backyards and covered car parking.  It sits on a large lot totaling 10,306sf and is less than 2 miles from the ocean.  Joseph Tutrow of Apartment Realty Group (ARG) negotiated the transaction on behalf of the buyer, who was executing the upleg of a 1031 exchange.

For more information, please contact us at (858) 663-4790 www.ApartmentRealtygroup.com

Apartment Realty Group (ARG) is strategically focused on multi-family investments and has a proven track record of value-added brokerage services. ARG has been able to provide sellers with specialized strategies to maximize property values by creating competition for each marketing assignment as well as providing buyers and 1031 exchange clients with sound investment options, which are not generally available in the marketplace.  For more information you can visit us online