Commercial Real Estate

Commercial Real Estate
Commercial Real Estate

Tuesday, November 23, 2010

Apartment Realty Group Sells a Pair of San Diego Apartment Complexes

Press Release
August 26, 2010

Apartment Realty Group Sells a Pair of San Diego Apartment Complexes



SAN DIEGO, CALIFORNIA – The 14-unit two-story apartment complex located at 1066 Turquoise
Street San Diego, CA 92109 in the North Pacific Beach submarket has been sold for $2,700,000. Locatedjust 3 blocks from the ocean and one block south of La Jolla, the property was built in 1960 and consistsof ten (10) 1bedroom/1 bathroom units and four (4) 2bedroom/1bathroom units.Gary B. Urtiaga, Senior Vice President of Apartment Realty Group (ARG) negotiated the transaction on behalf of both parties.

SAN DIEGO, CALIFORNIA – A 5-unit, two-story apartment complex located at 703 Windsor Court Vista, CA 92084 has been sold for $505,000. The 3,720sf property was constructed in 1973 and consistsof one (1) 2 bedroom/1.5 bathroom unit and four (4) 1bedroom/1bedroom units with eight (8) single-car garages. James V. Carter, Managing Director and Anthony Mendes, Senior Associate of ApartmentRealty Group (ARG) represented the buyer, a San Diego-based private investor.

For more information, please contact James V. Carter at (619) 222-9501, JCarter@ARG1031.com or Anastasia Duboshina at (619) 222-9500 Ext. 4, aduboshina@arg1031.com

Apartment Realty Group (ARG) is a multifamily investment sales and advisory services firm with a
proven track-record of value-added brokerage services. ARG has been able to provide sellers with
specialized strategies to maximize property values by creating competition for each marketing assignment as well as providing buyers and 1031 exchange clients with sound investment options which are not generally available in the marketplace. Visit us online at: www.ApartmentRealtyGroup.com

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