La Mesa Multifamily Complex Sold by Apartment Realty Group (ARG)

SAN DIEGO - March 26, 2014 - PRLog -- The University Avenue Apartments in La Mesa, located at 7376-92 University Avenue has been sold for $1,400,000. Located in the highly sought after La Mesa submarket, this 8 unit apartment community consists of eight (8) 2bedroom/1bathroom units and covered parking on a large 19,166 sf corner lot. Doug Taber and James Carter of Apartment Realty Group (ARG) negotiated the transaction on behalf of the buyer, a private investor - the buyer was executing a 1031 exchange from a down-leg asset in Orange County.

For more information, please contact us at (619) 222-9501, Info@ARG1031.com

Apartment Realty Group (ARG) is strategically focused on multi-family investments and has 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.  For more information you can visit us online at: www.ARG1031.com