Apartment Realty Group Sells 25 Unit Apartment Complex Near SDSU
SAN DIEGO, CALIFORNIA – The Villa Madrid Apartments – a 25 unit San Diego apartment complex, sold for $3.6 million, according to the brokerage firm Apartment Realty Group (ARG).
The complex is located at 4812 70th Street in the Rolando submarket near San Diego State University.
The buyer, a local San Diego investor plans to reposition the property by extensively renovating both the interior and exterior of the units.
Doug Taber and James Carter of Apartment Realty Group (ARG) had the exclusive listing and represented both the buyer and the seller.
APARTMENT REALTY GROUP (ARG) is a leading commercial real estate brokerage firm focused exclusively on the sale of multifamily investment properties. We are comprised of a seasoned team of multifamily advisors with a track record of providing value-added brokerage services. Our specialized platform offers a unique blend of teamwork and experience allowing us to deliver customized investment real estate solutions. BRE#: 01863733