5 units in Escondido Sold for $785,000

Below is a press release from November 23, 2015:

ACI Apartments is pleased to announce the recent sale of a 5 unit complex in Escondido. The 4,800 square foot property, located at 1309 S. Juniper Street, was purchased by The Snider Property #2, LLC for $785,000. Terry Moore CCIM of ACI represented the San Diego buyer, Snider Property #2, LLC. The Orange County seller, C-M Family Survivors Trust and C-M Family Exemption Trust was represented by Adam Jacks, also of ACI Apartments.

The single story apartment building consists of all 2bd/1ba units at approximately 960 square feet each. The building includes a laundry room and five 2 car garages. There is room for added value with increased rents.

ACI is the most successful income property brokerage firm in the county. Since 1982, they have specialized in apartment and investment property transactions, and 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.