10 Units in Fallbrook Sold for $950,000

SAN DIEGO - Aug. 22, 2014 - PRLog -- ACI Apartments is pleased to announce the recent sale of a 10 unit complex in the Fallbrook neighborhood of San Diego. The 6830 square foot property, located at 1119 S. Old Stage Road, was purchased by Charles Pinkel for $950,000.

Terry Moore CCIM of ACI represented the Seller, Robert McKasson. The Buyers were represented by Ina Hajek of Pacific Shores Real Estate. Both principals are doing 1031 tax deferred exchanges.

The property has of ten 1 bedroom 1 bath units with 20 parking spaces and is located in a high home ownership zip code. There is an immediate upside for income on this property.

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.