October 6, 2014 – SAN DIEGO — North Palm Heights Apartments – Blythe, California has been sold for $755,000 (all-cash). The twenty-five (25) unit multi-residential property is located on a large lot (totaling 30,381 sf) consisting of nine (9) 1bedroom/1bathroom, thirteen (13) 2bedroom/2bathroom, and two (2) 3bedroom/2bathroom units constructed of wood framing and a stucco exterior with a pitched-composition roof. The property has carports parking and a swimming pool along with an onsite laundry room with an owner’s / office unit.
James Carter of Apartment Realty Group (ARG) – San Diego Office represented both the seller and the buyer on this transaction.
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: www.ApartmentRealtygroup.com