ACI Apartments is pleased to announce that four University Heights units sold for $1,025,000. The 2,237 square foot property situated on a 6,996 square foot lot at 4479 Idaho Street, was sold by the Andy and Kimberly Cramp Family Trust.
The seller was represented by Ricardo Lopez of ACI, while the buyer, Emmanuel Bageris was represented by Brian Raynoha of Apartment Advisors, Inc. Theresa McElaney of Chicago Title handled escrow, while Debby Boyd of Fidelity National Title handled the Title.
The asset consists of a Spanish style front house with a tri-plex in the rear of the lot. Three of the units have large private yards. One of the 1 bedroom units was updated, while all other units are original quality in good condition. On-site parking includes one tandem spot along with two off-street spaces.
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