ACI Apartments is pleased to announce the recent sale of an 8-unit complex in the Pacific Beach neighborhood of San Diego. The 5,330 square foot property situated on a 6,229 square foot lot located at 1524 Missouri Street was purchased by CBG Mizzou LLC, of San Diego for $2,850,000.
The San Diego seller, A.L. McCleary Holdings LLC, was represented by Terry Moore CCIM of ACI Apartments, as part of a 1031 exchange. Moore has represented these clients on multiple transactions. The buyer was represented by William Gaskins of TGP Management.
The 1973 beach property consists of one 2bd/2ba, two 2bd/1ba and five 1bd/1ba units. There are two double car garages, five off street parking spots and onsite laundry. Just a short walk or bike ride to the beach or bay.
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