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Friday, Jan 27, 2023
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Escondido Apartments Sold For $9.5M

An Escondido apartment complex has been sold for nearly $9.5 million.

Kenwood, LLC bought the 37,544 square-foot complex at 1440 N. Broadway from Ross Apartment Company VI.

Built in 1978, the complex has 39 apartments – 28 two-bedroom, 1 ½ bathroom apartments and 11 two-bedroom, 1 ¾ bathroom apartments.

The complex also has 18 garages, 40 carports, 33 open parking spaces and a swimming pool.

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The seller was represented by Terry Moore of ACI Apartments.

Representing the buyer was Jeff St. Thomas of HomeSmart Realty West.

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