Properties Recently Sold
Park View Estates
936 Village Way, Monroe WA
The Foundation Group is pleased to announce another closed transaction done in-house with the very qualified and capable Aaron Locke, Isaac Chamberlin, Erich Bubbel.
The Park View Estates traded off-market to a 1031 exchange buyer selling a small apartment building in San Diego. The new owners will capitalize on a day-one return of 5.28% for this 1999 construction apartment community and nearly double their previous cashflow. The building consists of twenty-four 1bed/1bath units and two studio units. The Monroe rental market has remained in a state of growth with a 5% year over year rental increase.
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