ACI Apartments is pleased to announce the recent sale of a 10-unit complex Chula Vista, CA. The property situated on a 10,269 square foot lot at 1225 3rd Ave, was purchased by Neel Pujara/South O LLC for $1,675,000.
The buyer was represented by Anton Burman of ACI Apartments. The seller, Mather Capital Assets LP was represented by Mercedes Estrada of Coldwell Banker – West.
The property consists of ten (10) 1BR units at $167,500 per unit. The asset is conveniently located between the I-5 and I-805 Freeways and only a few miles south of Downtown San Diego. The location is also only a few blocks away from shopping, Castle Park Middle School, Castle Park High School, as well as San Diego Gas and Electric Park and Loma Verde Park.
ACI is the most successful income property brokerage firm in the county since 1982. They specialize in apartment and investment property transactions, and have maintained a solid performance despite changing economic cycles. With an average of more than 140 closed escrows per year, ACI has closed more San Diego County income property escrows than any other firm in the county – that’s more properties than the number two and number three firms combined. Please visit us online at www.aciapartments.com