ACI Apartments is pleased to announce 13 units in south San Diego sold for $1,900,000 just west of Otay Mesa. The 5,745 square foot property situated on a 22,215 square foot lot is located at 1135 Hollister Street.
The sellers, Geoffrey Marsh and Gayle E. Marsh, Trustees of the Geoffrey Marsh and Gayle E. Marsh Family Trust, Linda Thurston Bird and Leslie Bird Voss, Trustees of the Ronald Phillip Bird Bypass Trust, and Equote Cross Tested 401(k) Profit Sharing Plan #001, were all represented by Terry Moore CCIM of ACI. The buyer, Matthew Philbin of Anthem Real Estate Ventures, Inc. represented himself.
The property, originally converted from an existing hotel building, consists of twelve 1 bedroom and 1 bathroom units, along with a 2 bedroom 1 bathroom unit. The location has 24 open parking spaces for resident convenience. The property is located near the onramp for the I-5 freeway, allowing for direct access to Downtown San Diego as well as the United States – Mexico border.
The buildings close proximity to Coronado Avenue makes it ideal for simple travel to the Pacific Ocean shoreline along Imperial Beach. More information on the property can be found at https://vimeo.com/realestateshowcase/1135hollister.
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