Apartment Realty Group Sells 4-Unit Property in Escondido

Value-Add 4-Unit Property with ADU Potential Sells for $1,275,000
By: Apartment Realty Group
SAN DIEGO - June 18, 2024 - PRLog -- Angelo La Bruna, Senior Vice President of Apartment Realty Group (ARG) represented the buyer in the sale of a 4-Unit, value-add multifamily apartment community in the Downtown Escondido area.  Located at 304-320 S Grape St Escondido, CA 92025, the property was fully occupied and producing $6,365 per month at the time of the sale, and was sold to a local private investor. The unit mix consists of four (4) 1Bedroom / 1Bathroom 600 square foot units with five (5) garages and one large storage area primed for ADU's.  The total building square footage was 2,350 sitting on a 8,723 square foot parcel.  The final closing price was $1,275,000.

About us:
Apartment Realty Group (ARG) Is a leading San Diego multifamily brokerage and commercial real estate firm focused exclusively on the sale and finance of multifamily investment properties.  ARG is seasoned team of multifamily brokers offering best-in-class brokerage services led by 20-year industry veteran James V. Carter.


Angelo La Bruna
Senior Vice President
(858) 247-1095

Angelo La Bruna
***@arg1031.com (https://www.prlog.org/email-contact.html#13022746)

Source:Apartment Realty Group
Email:***@arg1031.com Email Verified
Industry:Real Estate
Location:San Diego - California - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse

Like PRLog?
Click to Share