1/22/2009

Oceanside apartments fetch $4.6M

by

Pelican Cove Apartments

Pelican Cove Business Holdings, LLC, has purchased the Pelican Cove Apartments in Oceanside, Calif., for $4.6 million from Glenn Goldman Family Trust.

The buyer was represented in the deal by Will Creagan of Southwest Equity Partners while Ray Adams of Grubb & Ellis|BRE Commercial handled the negotiations for the seller.

The apartments are located at 707-709 Eaton St. and contain 24 units. The complex is comprised of 22,374 rentable square feet and includes mostly two-bedroom units with garages.

Address: 707-709 Eaton St., Oceanside, Calif.

Size: 24 units

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Filed Under: Multi-Family

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