01 May San Diego Apartment Buildings Sold April 2019

30 total apartment buildings sold in the month of April 2019 (12 in March), in San Diego County, 5 to 100 units, totaling $102,749,450 in sales volume ($43,062,700 in March).

The median cap rate was 4.61% in April (March 4.38%), median GRM was 13.00 (March 12.83), median price per unit was $247,188 (March $222,728) and median price per foot was $283 (March $323).

See below for the report for apartment buildings sold in San Diego County for April 2019.

Contact Eric von Bluecher today for a complimentary valuation of your apartment portfolio at eric@sdmultifamily.com or 858-771-2559.

Annual Key Metrics for San Diego County Multifamily Apartment Buildings

Apartment Buildings Sold: 93 in 2019; 329 in ’18, 371 in ’17, 399 in ’16, 374 in ’15

Sales Volume: $376M in 2019; $1.17B in ’18; $1.21B in ’17; $1.23B in ’16; $1.16B in ’15

Median $/Unit: $231k in 2019; $223k in ’18; $205k in ’17; $186k in ’16; $167k in ’15

Median $/SF: $310 in 2019; $317 in ’18; $286 in ’17; $257 in ’16; $224 in ’15

Median Cap Rate: 4.41% in 2019; 4.34 in ’18; 4.41 in ’17; 4.78 in ’16; 4.89 in ’15

Median GRM: 12.97 in 2019; 14.20 in ’18; 13.70 in ’17; 13.12 in ’16; 12.60 in ’15

Eric von Bluecher
Keller Williams Commercial | Director
Multifamily Advisory and Brokerage

• Consultations
• 1031 Exchange Analysis
• Broker Opinion of Value
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O: 858-720-1900 D: 858-771-2559 C: 310-900-9505
eric@sdmultifamily.com
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