8/22/2008

Hendricks & Partners brokers sale of apartment community in Oceanside, Calif.

by Michael Wayne

Tri-City Gardens

Hendricks & Partners has announced the sale of Tri-City Gardens in Oceanside, Calif. Located at 4129 and 4130 Waring Road, the 35-unit apartment community sold for $4,199,300.

Steve Huffman of Hendricks & Partners' San Diego office negotiated the transaction on behalf of the seller, Investment Property Exchange Services, Inc., co-trustees of the Brian Marcus and Suzanne Marcus Family Trust and co-trustees of the Werbeloff Family Trust.

The buyer was Tenth Street Properties of Pasadena, Calif.

Tri-City Apartments consists of one and two-bedroom apartments from 850-1,000 square feet. On-site amenities include laundry and covered parking.

Address: 4130 Waring Rd., Oceanside, Calif.

Size: 35 units

---

Filed Under: Multi-Family

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the text from image below to this textbox

crefeed.com -- Related Headlines

• Marcus & Millichap sell Foster City apartments - 11/20/2008
• Kislak sells Hackettstown apartments for $10.15M - 11/18/2008
• Kislak sells three New Jersey multi-families for $6.9M - 11/17/2008
• Massey Knakal sells Cobble Hill Towers for $34M - 11/17/2008
• Minnesota firm buys Texas apartment complex - 11/15/2008
• Tampa condo complex sells at bankruptcy auction for $22 million - 11/15/2008
• $51 million loan arranged for Alabama apartments - 11/15/2008
• BPG acquires suburban Philadelphia apartments - 11/13/2008
• California apartment complex sells for $1.1 million - 11/11/2008
• Colorado Springs apartment community listed for $26 million - 11/11/2008