SAN DIEGO - ColoradoDesk -- James Carter, Senior Managing Partner and Anastasia Duboshina, Senior Associate of Apartment Realty Group (ARG) represented the seller in the sale of the Lilac Cottages a fully remodeled and turnkey 5-unit multifamily apartment complex in San Diego's North Park Neighbor hood. Located at 4042 Illinois Street San Diego, CA 92104, the transaction closed for $2,395,000 (100% of the asking price), the property was fully occupied at the time of the sale and was sold to a private investor executing a 1031-Exchange.   The unit mix consists of one (1) 3bedroom/2bathroom unit, two (2) 2bedroom/1bathroom units, one (1) 1bedroom/1bathroom unit and one (1) studio unit (2,989 sq ft and 7,077 sq ft lot).  The property features in-unit washer/dryer and private yards.

More on Colorado Desk

• Colorado's Economic Forecast Shows Growth Stable but Slowing
• Ragin' Cajun Announces New Cheeseburger Seasoning on National Cheeseburger Day
• More than $13M in New Funding Supports Conservation Stewardship for Colorado Farmers and Ranchers
• Colorado's Economic Forecast Shows Growth Stable but Slowing
• Warrant Activity, AVERSA™ Progress and a Potentially Transformative Fall Take Center Stage: Nutriband Inc. (N A S D A Q: NTRB)

About us:
Apartment Realty Group (ARG) Is a leading San Diego multifamily brokerage and commercial real estate firm focused exclusively on the sale and finance of multifamily investment properties.  ARG is seasoned team of multifamily brokers offering best-in-class brokerage services led by 20-year industry veteran James V. Carter.

619-784-1031
https://apartmentrealtygroup.com/