SAN DIEGO, April, 22, 2016 – ACI Apartments is pleased to announce the recent sale of a 6 unit complex in North Park. The 3,873 square foot property situated on a 6,250 square foot lot at 3674-76 Villa Terrace, was sold by Kenneth and Franziska Wadman, who currently reside in Austria, and was purchased by the Gregg Seaman Trust for $1,370,000.
Both the Buyer and Seller was represented by Terry Taylor of ACI.
Escrow and Title were both handled by Title365. This was an All Cash deal so no lender was involved.
The subject property was a clean bread and butter property in a prime residential pocket of North Park a few blocks north of Balboa Park. It consisted of 3-2Br/1Ba and 3-1Br/1Ba Units with 9 Garages.
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
San Diego, CA 92122
Phone (619) 299-3000
CalBRE# 01141809
ACI is compliant with the standards set by the National Assocation of Realtors