An eight-unit North Park apartment building sold for nearly $2.8 million, close to $350,000 per unit.
Built in 1988, the 6,525 square-foot building at 4026 Arizona St. is comprised of two one-bedroom, one-bathroom apartments; one two-bedroom, one-bathroom apartment, four two-bedroom, two bathroom apartments; and one three-bedroom, two bathroom apartments.
The buyer was Wyndham Place Apartments, LLC. The seller was Bar Kokhba, LP.
Buyer and seller were represented by Bill Anderson, ACRE Investment Real Estate Servicessenior vice president/principal, and Diana Peters, ACRE vice president. Escrow services were provided by Samantha Maestas of Fidelity National Title. Vincent Andreuccetti of Fidelity National Insurance Company provided title insurance.