$315,000 purchase
~$100,000 renovation
$550,000 Sales Price
Total Investment Cycle 126 Days
Click Here to watch the Before & After sequence (will take you to another website)
CONTACT
Scott DeGoler
Immobilier Funds
5142 Avenida Encinas,
Carlsbad, CA 92008
619.987.5044
619.374.2197 fax
sdegoler@imfunds.com
James Mott
Immobilier Funds
5142 Avenida Encinas,
Carlsbad, CA 92008
415.279.7873
619.374.2197 fax
jmott@imfunds.com
Immobilier in the News
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Immobilier Funds Buys Casa Lane Townhomes in Lemon Grove
Free Sacred Trinity Church Sells Off 30 Units for Nearly $9.1 Million By Adrian RoblesCoStar ResearchJune 11, 2021 | 1:13 P.M. Immobilier Funds, a San Diego-based institutional investor, acquired Casa Lane Townhomes at 7010-7014 Casa Lane in Lemon Grove, California, for $9.05 million, or about $302,000 per unit, from Free Sacred Trinity Church. The sale represented the buyer’s upleg in a 1031 tax-deferred...
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A Chula Vista apartment complex has been sold for nearly $4.2 million. Immobilier Funds acquired Sunrise Manor Apartments, 228 H St., from Stahl Living Trust. Built in 1970, the two-story complex has 19 apartments. There are 12 two-bedroom apartments averaging 850 square feet and seven one-bedroom apartments averaging 600 square feet. Cristina Munteanu of PacBlu Realty represented the buyer. Kay...
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Lemon Grove Apartments Sold For $4.5M
A Lemon Grove apartment complex has been sold for $4.5 million. Golden Avenue Apartments, 8058 Golden Ave., was acquired by Immobilier Funds from Lemon Grove Investment Group, LLC. PropertyADVANTAGE will manage the complex. The buyer was represented by Abe Peay and Jeff Diller, senior associates of South Coast Commercial, Inc. The seller was represented by Vahe Avakian and Raluca Rohan...
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Illinois Street Apts Trade for $7M in San Diego
Investors Sell 28 Units CoStar Group – Directeur LLC and Immobilier Funds acquired the Illinois Street Apartments at 4111 Illinois St. in San Diego, CA for $7 million, or about $250,000 per unit. The apartment building consists of seven one-bedroom and 21 two-bedroom units, and was 100 percent occupied at the time of sale. Located in the North Park submarket,...