Voit Handles Mission Hills Apartment Complex Deal
Voit Real Estate Services completed the sale of a 13-unit apartment complex in San Diego. The multifamily complex is located on the west side of Mission Hills and was acquired by PGP Holdings RL, LLC for $3.4 million.
The property is located at 3812 Keating St. and is a two-story building that was constructed in 1960. It features Mid-Century design details as well as a large front courtyard and a swimming pool. The 20,003 square-foot lot outlooks Point Loma and Lindbergh Field.
Voit’s Robert Vallera represented the seller, FUGU, LLC., in the transaction. Vallera says, “Both tenant and investor demand for apartments in San Diego’s first-ring neighborhoods surrounding Downtown remain strong. These lower density properties appeal to renters who might be reluctant to remain in elevator-served, high-rise apartments Downtown during the ongoing pandemic.”
For comments, questions or concerns, please contact Dennis Kaiser