Apartment Realty Group of San Diego Negotiates the Sale of Coronado Apartment Complex for $4.1 Million

SAN DIEGO, CA –  An 8 Unit apartment complex located at 157-163 D Avenue Coronado, CA 92118 has been sold for $4.1M in an all-cash transaction.  The property was built in 1968 and extensively remodeled in 2016 (5,420 rentable square feet).  The unit mix consists of five (5) 2bedroom / 1bathroom units (approx 800 sf) and three (3) 1bedroom / 1bathroom units (approx 500 sf).

The Multifamily Brokerage Team of James Carter and Anastasia Duboshina of Apartment Realty Group (ARG) negotiated the transaction and represented both the buyer and the seller (ARG had the exclusive listing at the time of the sale). The buyer, a San Diego-based private investor was executing a 1031 exchange.

Apartment Realty Group (ARG) is a leading San Diego commercial real estate brokerage firm focused exclusively on the sale and finance 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.

For more information, please contact us at: (858) 837-1456 | Info@ARG1031.com | www.ApartmentRealtyGroup.com