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Mar Group Sells Stuart Manor Apts in Imperial Beach

Investor Pays $7M for 33 Units
February 16, 2018
Mar Group sold the 33-unit Stuart Manor apartments at 870 13th St. in Imperial Beach, CA to a private investor for $6.95 million, or approximately $211,000 per unit.

Built in 1972, the 24,144-square-foot multifamily building is situated on a 0.8-acre parcel in San Diego County. The property was 100% occupied at time of sale.

Peter Scepanovic and Corey McHenry of Colliers International in Carlsbad represented the buyer and the seller.

Please reference CoStar COMPS #4128466 for more information on this transaction.
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