Hillcrest Equity Partners LLC Acquires 5-Unit Multifamily Property In San Diego For $2.1M

A five-unit apartment property in San Diego's Hillcrest neighborhood has been sold for $2.1 million. The property, located at 3925 Georgia Street, offers well-maintained two-bedroom/two-bath units with significant rental upside. The transaction received multiple competitive offers, indicating the desirability of the property in the market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Units: 5
• Price per Unit: $420,000
• Address: 3925 Georgia Street
• Market: San Diego

The sale of this multifamily property was facilitated by the brokers, Connor Stolle, Carson Trujillo, Austin Huffman, and Chris Zorbas from Marcus & Millichap. Their expertise in the real estate market and negotiation skills played a crucial role in successfully closing the deal. Hillcrest Equity Partners LLC emerged as the buyer, recognizing the potential of this investment opportunity.