17 Dec Closed – 7 Unit Multifamily Investment
Lee & Associates – North San Diego County’s Multifamily Advisory Group Completes Sale of 7-Unit Property in San Diego, CA
December 17, 2021 – San Diego, CA – Eric von Bluecher, with Lee & Associates-North San Diego County’s Multifamily Advisory Group, has completed the investment sale of a 7-unit multifamily building at 4775 Wilson Avenue in San Diego, CA. The building featured deferred maintenance, considerable upside in rents and an ideal value add investment opportunity. The property sold for $364,286 per unit.
Eric von Bluecher represented the Buyer, 4775 Wilson LLC, and Chris Siedenburg of Apartment Consultants, Inc represented the Seller, Mincks Family Trust 08-08-00, in the transaction.
Eric von Bluecher
Lee & Associates – North San Diego County
Corporate ID 01096996 | License ID 01926201
1900 Wright Place | Suite 200
Carlsbad, CA 92008