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