ProWest Appraisal, Inc. recently completed appraisals on two Pacific Beach apartments, a 4-unit complex, and an 8-unit complex. Both appraisals were retrospective in nature for estate and tax planning purposes due to death of an owner in 2014. The eight unit apartment has three stories, built in 1973 with garage and carport parking for tenants, […]
Apartment Rents / San Diego County
When analyzing apartment rents, a January 16, 2015 article in the San Diego U-T outlined that San Diego County renters can expect increases approaching 4% this year as vacancies continue to fall. The Los Angeles-based firm TruAmerica Multifamily said the trends reflect San Diego’s inability to keep up with demand. “Household formation is outpacing new […]
Apartments in San Diego County at 12-year Low vacancy
The following article on apartments was reported in June 2014 in the San Diego Business Journal. This information is helpful for income property investors. Apartment Vacancy in San Diego County at 12-Year Low By Mike Allen Tuesday, June 10, 2014 The vacancy rate among San Diego apartments plunged to 2.8 percent, a level not seen in […]