10 units in Escondido Sold for $1,887,500

SAN DIEGO – September 20, 2016 – ACI Apartments is pleased to announce the recent sale of a 10 unit complex in the Escondido neighborhood of the City of San Diego. The 7,680 square foot property situated on a 24,583 square foot lot at 520-530 S. Tulip Street, was purchased by Snider Property #2, LLC for $1,887,500.

The above buyer was represented by Terry Moore CCIM of ACI. Moore has done several other transactions with this buyer. The seller, The Tulip Street LLC, of Colorado, was represented by Craig Stewart and Chase Sandrik of ACRE Commercial.

The prime hilltop property with expansive views consists of eight 2bd/1.5ba, and two 1bd/1ba units. There are thirteen single car garages along with five additional parking spaces. The building has been well kept in addition to several recent updates to the interiors and a recent re-slurry coat to the driveway.


About ACI Apartments INC.

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