SOLD
North Star Homes Acquires Country Airre Apartments In San Diego For $20M
2330 Grove Avenue - Country Airre Apartments
MultiFamily
65,960 SF
65,960 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
65,960 sqft
The Country Airre Apartments, located at 2330 Grove Ave in San Diego, have recently been sold in a closed transaction. The multifamily property was acquired by North Star Homes LP, represented by Michael Contreras, for a sale price of $20,000,000. The seller was Unison Investment. The sale was facilitated by Nancy Bush and Mike McKinney of Lyon Stahl, acting as the buyer and seller's representatives, respectively.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $20,000,000
- Address: 2330 Grove Ave - Country Airre Apartments
- Market: San Diego
The Country Airre Apartments consist of 70 units, with an average price per unit (PPU) of $285,714. The total square footage of the property is 65,960, resulting in a price per square foot (PPSF) of $303.
Nancy Bush and Mike McKinney, both experienced brokers at Lyon Stahl, played a crucial role in the successful completion of this transaction. Their expertise and dedication contributed to the smooth negotiation and ultimate sale of the Country Airre Apartments.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Mike McKinney & Nancy Bush
DATE: 05/19/2022
ADDRESS: 2330 Grove Ave - Country Airre Apartments
MARKET: San Diego
ASSET TYPE: Multifamily
BUYER: North Star Homes LP - Michael Contreras
SELLER: Unison Investment
BUYER & SELLER'S REP: Nancy Bush (https://www.linkedin.com/in/nancyleebush) & Mike McKinney (https://www.linkedin.com/in/mike-mckinney-8224a937) - Lyon Stahl (@LyonStahl)
SALE PRICE: $20,000,000
UNITS: 70 ~ PPU: $285,714
SF: 65,960 ~ PPSF: $303View on map
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Address2330 Grove Avenue - Country Airre Apartments
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