Oceanside Residential and Retail Building Under New Ownership
OCEANSIDE, CA-James and Linda Ritch have picked up a mixed-use building in Oceanside. They paid $3.6 million for the residential and retail property at 510 N. Coast Highway and 502-508 Sportsfisher Drive. The property comprises 16 apartment units and 4 retail suites.
The Oceanside building was sold by Surfrider Shores LP. JP Morgan Chase Bank provided a $2.16-million loan to finance the acquisition. Lee & Associates represented the seller and Hendricks and Partners represented the buyers in the deal. For the full story, go to The San Diego Metropolitan .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Multifamily Leader delivers in-depth examinations of the market conditions and trends shaping the apartments and condo industry. Register for the alert now!
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.