8/22/2008

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

by

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

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Filed Under: Multi-Family

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