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Park Marina Apts in Chula Vista Sold for $7.7M

July 18, 2018
Walz Properties acquired the 36-unit Park Marina Apartments at 564-582 J St. in Chula Vista, CA from local owners for $7.65 million, or about $213,000 per unit.

The 33,076-square-foot multifamily building delivered in 1960 and is comprised of 36 two-bedroom units that were fully occupied at the time of sale.

Christopher Robinson and Dave Elgier of ACRE Investment Real Estate represented the seller and the buyer in the sale.

For more information on the transaction, please see CoStar COMPS #4392671.
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