56.8 F
San Diego
Sunday, Mar 3, 2024
-Advertisement-

Historic East Village Apartment Building Sold

 A historic East Village apartment building has been sold for $7.8 million.

Built in 1869, the building at 509 Park Blvd. was acquired by The Palms on Park San Diego, LP.

The seller was 12th & A Hotel Partners, LP.

The 32,750 square-foot building has 78 apartments.

Peter Scepanovic and Corey McHenry of Colliers’ San Diego Multi-Family Advisory Team represented the buyer.

Will Rigley of Rigley Corp represented the seller.

“With a location in the heart of East Village, along a transit line and within walking distance to the ballpark, this property will be a strong investment,” Scepanovic said. “The new ownership plans to make interior and exterior upgrades to modernize the property.”

-Advertisement-

Featured Articles

Qualcomm CFO Takes COO Role

Poppy Bank Blooming in San Diego

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-