San Diego Multifamily Brokerage Team Sells Lilac Cottage Apartments

SAN DIEGO - Feb. 8, 2024 - PRLog -- James Carter, Senior Managing Partner and Anastasia Duboshina, Senior Associate of Apartment Realty Group (ARG) represented the seller in the sale of the Lilac Cottages a fully remodeled and turnkey 5-unit multifamily apartment complex in San Diego's North Park Neighbor hood. Located at 4042 Illinois Street San Diego, CA 92104, the transaction closed for $2,395,000 (100% of the asking price), the property was fully occupied at the time of the sale and was sold to a private investor executing a 1031-Exchange.   The unit mix consists of one (1) 3bedroom/2bathroom unit, two (2) 2bedroom/1bathroom units, one (1) 1bedroom/1bathroom unit and one (1) studio unit (2,989 sq ft and 7,077 sq ft lot).  The property features in-unit washer/dryer and private yards.

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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.

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https://apartmentrealtygroup.com/