Empey Realty Successfully Negotiates Purchase of 10-Unit Pacific Beach Investment Property

SAN DIEGO - Nov. 18, 2016 - PRLog -- Empey Realty announced today that it successfully helped a local investor negotiate the purchase of a 10-unit apartment complex in a prime location in the Pacific Beach community of San Diego.  Despite competing against multiple offers, Empey Realty's aggressive negotiation tactics helped its client win the bidding war and secure an attractive income property in one of the strongest rent districts in San Diego.

Apartment units for sale with a healthy rate of return and room for improvement in rents are becoming increasingly hard to come by, hence the multiple bidders at play here.  Sellers of San Diego income property often tend to overvalue their holdings, resulting in very few units available for sale actually selling.  When an apartment complex comes up for sale and is priced with a reasonable rate of return, it sells very quickly.  This 10-unit apartment complex was on the market for only 14 days.

Those who are interested in multi-unit investing should contact Empey Realty for a complete picture of available San Diego investment opportunities. Investors can only find apartment units like this for sale by consulting with a broker with local knowledge and expertise—they are not readily available online. Empey Realty also has the technical expertise and experience with buyer due diligence to make sure investments are thoroughly vetted before client funds are put at risk.

Major improvements are underway to the 10 apartment units and the investor has plans to create a highly desirable tenant community with top of the line amenities and luxury apartment units.  Units will be coming available for rent as soon as December 2016, with more units to come in 2017.

About Empey Realty

Founded by real estate attorney and broker, Lauren Empey, Empey Realty specializes in hyper-local real estate market knowledge of the San Diego coastal areas, from La Jolla to Point Loma.  Empey Realty provides exceptional service and representation in complex real estate transactions including 1031 exchanges, multi-unit investment property purchases and sales, flip/rehab properties, Prop 60/90 tax basis transfers, probate sales, and more.  Lauren's background practicing real estate law gives Empey Realty clients a huge advantage in their contract negotiations, personalized success strategies, and all the other details needed to keep escrow on track from contract negotiations to closing day.  At Empey Realty, the client's best interests are always the bottom line.  For more information, visit: http://sandiegobeachareahomes.com/about/