SOLD – 9 UNIT APARTMENT BUILDING – ALL CASH – 21 DAY CLOSE!
El Cajon Apartment Building sold by Doug Taber at Apartment Realty Group (ARG) DESCRIPTION The Millar Ave Apartments have been sold for $1,305,500. The nine (9) unit apartment complex located in El Cajon, CA consists of seven (7) 2 Bedroom / 1 Bath units and two (2) 3 Bedroom / 2 Bath units. Doug Taber […]
MAXIMUM EXPOSURE = HIGHEST SALES PRICE
When selling your apartment building – achieving the highest sales price is a direct result of the amount of exposure – to qualified buyers – your building receives. Simply put, we need to put a lot of eyes on your building. As your apartment broker we use a number of methods to make this happen. […]
SOLD – 8 UNIT APARTMENT BUILDING – ALL CASH – 21 DAY CLOSE!
Description The Marlborough Avenue Apartments located just south of Meade Ave and north of El Cajon Blvd has been sold for $1,315,000 in an all cash transaction. The eight (8) unit Huffman building located at 4352 Marlborough Avenue San Diego, CA 92105 was built in 1969 and consists of five (5) 1 Bedroom units and […]
FOUR TIPS FOR SELLING YOUR APARTMENTS
Selling your apartments is a huge decision – make it a success with these simple tips When you’re finally ready to place your income property on the market for sale you can make it a smooth and successful transaction with some simple preparation. As they used to tell us in the Marines, proper prior planning […]
BROKER OPINION OF VALUE (BOV) – WHAT’S MY CASH FLOW?
A Broker Opinion of Value (BOV) is the tool we use to provide the owner of an rental property with an estimated market value and income statement of their property. If you are considering selling your investment property, refinancing, or simply would like to know the estimated value of your property – without spending money […]
CHARITABLE REMAINDER TRUSTS: AN EXCELLENT STRATEGY
By Rodney J. (“Rod”) Hatley One of the most effective tax planning strategies for the high-net-worth family is the Charitable Remainder Trust (CRT). For people who want to contribute to their favorite charities and foundations, the CRT provides multiple benefits. It can increase personal income, especially for retirement, while benefiting a charity and reducing tax […]
10 STRATEGIES FOR A SUCCESSFUL TAX DEFERRED EXCHANGE
Aubrey Morrow, CFP® Do You Own Investment Real Estate? Ever Consider a 1031 Tax-Deferred Exchange? It can be complicated – Here are 10 strategies for a complete and successful exchange. Debt Approach: As you know, you need to replace the same amount or more debt in a 1031 transaction to eliminate taxes due (boot). Many […]
RENT CONTROL HEARING – SAN DIEGO
The above group – San Diego Tenants United – is going to Call for an Emergency RENT CONTROL Ordinance at the next City Council Committee hearing. Tenants United Facebook pages says they began as a the Housing Committee of the San Diego Socialist Campaign. (goto FACEBOOK PAGE) UPDATE: Click here for latest update from the […]
CAP RATE IS NOT YIELD?
After completing a recent CCIM course – one of the many take aways I received was the statement – Cap Rate is NOT Yield. As an apartment broker in San Diego – someone who lists apartment buildings and rental properties for sale – how could I believe this statement. “Of course Cap rate is Yield”, […]
