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Local Investment Shop Buys Royal Apartments Near San Diego

Seapoint Properties Sells Chula Vista Complex for $20.7 Million
The 129-unit Royal Apartments was 85% leased at the time of sale. (CoStar)
The 129-unit Royal Apartments was 85% leased at the time of sale. (CoStar)
By John Lucero
CoStar Research
March 30, 2020 | 4:57 P.M.

Local investment shop MC Properties has purchased Royal Apartments in Chula Vista, California, from Seapoint Properties for $20.7 million, or about $160,000 per unit.

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