SOLD
RP Vintage Meade Holdings Acquires 9-Unit Multifamily In North San Diego For $3.15M
3104 Meade Avenue
MultiFamily
Sold 80 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The recently closed property transaction in San Diego involved a multifamily asset located at 3104 Meade Avenue. The property consists of nine units and was sold for a total price of $3,150,000, resulting in a price per unit of $350,000. This newer construction property is situated in the vibrant North Park submarket, known for its prime location and attractive unit mix. With its promising long-term investment potential, the buyers, RP Vintage Meade Holdings, LLC, saw great value in this property.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Units: 9
- Price Per Unit: $350,000
- Market: San Diego
The sale of this multifamily property was brokered by Benn Vogelsang and Erik Anderson of NorthMarq, representing the buyers, RP Vintage Meade Holdings, LLC. On the other side of the transaction, Bob Rodrigues from Real Properties Group Real Estate represented the seller, The Ferreira Trust. With their expertise, the buyers were able to secure this promising investment opportunity in the North Park submarket.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Benn Vogelsang, Erik Anderson & Bob Rodrigues
DATE: 02/13/2024
ADDRESS: 3104 Meade Avenue
MARKET: San Diego
ASSET TYPE: Multifamily
BUYER: RP Vintage Meade Holdings, LLC
SELLER: The Ferreira Trust
BUYER'S REP: Benn Vogelsang (@Sandiego.Benn) & Erik Anderson - NorthMarq (@Northmarq)
SELLER'S REP: Bob Rodrigues - Real Properties Group Real Estate
SALE PRICE: $3,150,000
UNITS: 9 ~ PPU: $350,000
NOTE: Northmarq brokered the $3.15 million sale of a nine-unit multifamily property in North San Diego. The property, located in the vibrant North Park submarket, was praised for its newer construction, prime location, and attractive unit mix, making it a promising long-term investment for the buyers, RP Vintage Meade Holdings, LLC.View on map
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Address3104 Meade Avenue
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