July 8, 2014 – SAN DIEGO — The eight (8) unit apartment complex located at 4277 & 4283 Estrella Avenue in the City Heights submarket has been sold for $1,075,000. The subject property consists of two, four (4) unit parcels. The unit mix features five (5) 1bedroom/1bathroom and three (3) 2bedroom/1bathroom units totaling 4,612 rentable sf. James Carter of Apartment Realty Group (ARG) negotiated the transaction on behalf of the buyer, who was executing the upleg of a 1031 exchange.
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. Visit us online at: http://www.ApartmentRealtyGroup.com/