San Diego Apartment Buildings Sold June 2019

15 total apartment buildings sold in the month of June 2019 (22 in May, 30 in April, 12 in March), in San Diego County, 5 to 200 units, totaling $54,660,000 in sales volume ($74M in May, $102.7M in April; $43M in March).

The median cap rate was 5.14% in June (4.36% in May, 4.61% in April; 4.38% in March), median GRM was 12.56 in June (15.90 in May, 13.00 in April, 12.83 in March), median price per unit was $231,250 in June ($217,206 in May, $247,188 in April; $222,728 in March) and median price per foot was $312 in June ($315 in May, $283 in April, $323 in March).

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

Contact Eric von Bluecher today for a complimentary valuation or consultation of your apartment portfolio at eric@sdmultifamily.com or 858-771-2559. Drop-in appointments available at my office on Del Mar Heights Road and I-5, call or email to schedule.

Data Source: CoStar

Annual Key Metrics for San Diego County Multifamily Apartment Buildings

Apartment Buildings Sold: 147 in 2019; 329 in ’18, 371 in ’17, 399 in ’16, 374 in ’15
Sales Volume: $655M in 2019; $1.17B in ’18; $1.21B in ’17; $1.23B in ’16; $1.16B in ’15
Median $/Unit: $238k in 2019; $223k in ’18; $205k in ’17; $186k in ’16; $167k in ’15
Median $/SF: $320 in 2019; $317 in ’18; $286 in ’17; $257 in ’16; $224 in ’15
Median Cap Rate: 4.44% in 2019; 4.34 in ’18; 4.41 in ’17; 4.78 in ’16; 4.89 in ’15
Median GRM: 13.53 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

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D: 858-771-2559
eric@sdmultifamily.com
DRE #01926201 DRE #01524589



760-929-7846

evb@lee-associates.com

1902 Wright Place, Suite 180
Carlsbad, CA 92008, USA

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