Just Sold: 9 Units in Spring Valley for $1,303,500

SAN DIEGO – November 4, 2014 ACI Apartments is pleased to announce the recent sale of a 9 unit complex in the Spring Valley neighborhood of San Diego. The 7,312 square foot property, located at 4032-4034 N. Bonita Street, was purchased by Norm Snider Company for $1,303,500. The property has nine 2bd/2ba units.

Terry Moore CCIM of ACI represented the Buyer. The Seller was represented by Tim Foley of Tom Foley Real Estate. This transaction is the third time Terry Moore has helped this buyer capture a good value. Teresa McElaney and Jamie Nalley of Chicago Title provided escrow and title services.

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.