San Diego Business Journal

Vista Apartment Community Sells for $8.35 Million

Monday, November 18, 2013

Orsibs LLC of San Diego has purchased the 49-unit Emerald Vista Apartments in Vista for $8.35 million.

The seller was Crevi II Emerald Vista LLC of Los Angeles, according to brokerage services provider Hendricks-Berkadia, which negotiated the transaction. Alcole Capital Group arranged a loan of approximately $5.8 million for the purchase.

The two-story, garden-style apartment community was built in 1979 at 240-246 N. Emerald Drive.

— SDBJ Staff Report