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Disclaimer: I am not an attorney and this article is not intended as a substitute for advice from the appropriate legal, zoning, financial, construction and/or tax professionals. This information is provided for educational purposes only and is made without warranties or representations
Erik Egelko, a commercial real estate broker with SVN Vanguard’s San Diego office represented the Buyer, an undisclosed investor, in the sale of this 8 Unit Multifamily property at 4280-84 Schoolridge Lane La Mesa, CA. Closing for $1,955,000, the Buyer plans to renovate the units and stabilize at market rents.
This acquisition was the unplug in a 1031 transaction and portfolio financing was provided by MyPoint Credit Union.
For More Information: Erik Egelko | [email protected] | 805-415-1914
