ACI Apartments is pleased to announce the recent sale of a 4-unit complex in the Lakeside neighborhood of San Diego. The 2,880 square foot property situated on an 8,219 square foot lot located at 12621 Lindo Lane was purchased by Robert Emmett Pinney, Birgitta Hufnagel and Sarah Joyce Pinney of San Diego for $811,000.
Both the buyer and seller were represented by Terry Moore CCIM of ACI. The seller, William C. Thorn, also from San Diego will be affecting a 1031 tax deferred exchange. Moore has represented this seller on multiple transactions.
The 1973 property consists of all 2bd/1ba units and eight parking spaces. The property has been extensively upgraded in the past few years including exterior paint and doors, gated entry and irrigation system. It is located nearby to schools and Lindo Lake 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