February 19, 2015 – SAN DIEGO — February 13, 2015 – SAN DIEGO – The Texas Street Apartments located at 4044 Texas Street San Diego, CA 92104 has been sold for $1,350,000. There was substantial buyer interest and multiple offers as it’s situated in the North Park neighborhood of Central San Diego, one of San Diego’s best performing and trendiest submarkets. This 8 unit apartment complex is comprised of nine (8) 1 bedroom / 1 bathroom units on a 6,996 sf lot. The new owner, who is facilitating a reverse 1031 exchange has plans to extensively renovate the property. James Carter and Anastasia Duboshina of Apartment Realty Group (ARG) negotiated the 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. Visit us online at: www.ApartmentRealtyGroup.com