SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 3707 Hilltop Drive, a 9 unit, 8,892 square foot, multifamily property on a 16,730 square foot lot in the Lemon Grove, a location just outside of the City San Diego.
The building is situated on the east-most edge of an uphill curve connecting Cascio Ct and Lemon Grove Way. Easy access to Broadway and the Martin Luther King Jr. Freeway offer direct access to shopping, food, and area attractions. These attractions include downtown San Diego, the San Diego harbor, and Oak Park.
The property was sold by the Edward and Jane Shroyer Trust of San Diego for $1,740,000.
The sellers were represented by Terry Moore CCIM of ACI, as part of a 1031 tax deferred exchange. The buyer, Loginovs B, LLC also from San Diego was represented by Norm Root also from Apartment Consultants, Inc. (ACI).
The townhome style property consists of six 2bd/1.5ba, two 3bd/1.5ba and one 2bd/1ba units. There is abundant parking and views for miles. Sellers have invested over $270K in upgrades over the last two years with granite counter tops, new cabinetry, stainless steel appliances and new flooring. More information on the property can be found at www.vimeo.com/pacificvideopro/HilltopB.
Established in 1982, Apartment Consultants, Inc. (ACI) is a multifamily brokerage firm that specializes in apartment and investment property transactions. We have maintained a solid performance despite changing economic cycles with an average of more than 140 closed escrows per year – that’s more properties than the number two and number three firms combined.
Learn more about ACI at www.aciapartments.com