Interstate Equities Corporation Acquires Multifamily Property In Encinitas, San Diego

The multifamily property located at 1320 Via Terrassa, Encinitas, San Diego was recently sold in a closed transaction. The sale took place on March 31, 2021, with a sale price of $94,100,100. The property consists of 196 units, resulting in a price per unit of $480,102. The total square footage of the property is 1,034 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $94,100,100
• Address: 1320 Via Terrassa, Encinitas, San Diego
• Units: 196
• Price per Unit: $480,102
• Square Footage: 1,034

The buyer of the property is Interstate Equities Corporation, while the transaction was facilitated by brokers Hunter Combs, Blake Rogers, Alexandra Caniglia, Javier Rivera, and Kevin Sheehan.