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Local Investor Sells Versailles Apartments for $13.3 Million

Saltwater Investments I Buys San Diego Apartment Building
The 41-unit Versailles Apartments in San Diego. Photo: Marcus & Millichap
The 41-unit Versailles Apartments in San Diego. Photo: Marcus & Millichap
By John Lucero
CoStar Research
May 17, 2019 | 9:26 AM

Local real estate investment firm Melroy Investments sold a 41-unit apartment building in San Diego to Saltwater Investments I for $13.3 million, or about $324,000 per unit.

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