San Diego, Calif. (October 25, 2017) - Marlborough 4102, LLC purchased Marlborough Villas, an apartment building located at 4102 Marlborough Avenue in San Diego, for $4,162,500. The seller was AE Holdings, LLC, a real estate development and investment company. Kidder Mathews' multifamily brokers, Eric Comer, Jim Neil, and Merrick Matricardi represented the buyer in the transaction. Leon Alchalel of KW Commercial represented the Seller.
The 18-unit complex is centrally located in San Diego, close to shopping and restaurants, and it has easy access to Interstate 5.
"The property was extensively renovated in 2007 and has a recorded Final Map for condominiums," said Comer. "The new owner plans to continue operating the property as apartments for the foreseeable future," he said.
Sam Williams is the managing member of Marlborough 4102, LLC and is president of Brycorp Properties, a local real estate investment and property management company.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with more than 700 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $5.6 billion in transactions, manages over 47 million square feet of space, and conducts 1,300 appraisals annually. For more information, visit kiddermathews.com.