May 10, 2015 – SAN DIEGO — APARTMENT REALTY GROUP (ARG) – San Diego based apartment market specialists – Apartment Realty Group – recently sold residential income property apartment units in City Heights, San Diego. The sale recorded for $400,000 or $200,000 per door.
This charming duplex – two (2) units – is located in the Hollywood Park neighborhood of the City Heights – just four miles east of Downtown San Diego. With its close proximity to the city – and large number of multi-family units – City Heights is quickly a high-demand rental market. The owners recently made capital improvements of fresh paint, hardwood floors, and custom counter tops. The sale included an in-unit washer & dryer.
James V. Carter of Apartment Realty Group (ARG) negotiated the transaction on behalf of the seller, a private investor. Apartment Realty Group (ARG) is a value-added brokerage that focuses 100% of its resources on residential apartment and 2-4 unit income property investments. ARG has been able to provide sellers, buyers and those in a 1031 exchange specialized strategies to maximize their multi-family investments. For more information, please contact James V. Carter at (858) 837-1456 or visit us online at www.ARG1031.com.