REBusinessOnline

Trion Properties Sells 97-Unit Willow Glen Apartments in San Diego for $17.9M

Willow-Glen-Apts-San-Diego-CA

Willow Glen Apartments features 97 apartments with upgraded interiors, including quartz countertops, stainless steel appliances and new cabinetry.

SAN DIEGO — Trion Properties has completed the disposition of Willow Glen Apartments, located in the Rolando/College Area submarket of San Diego. Bernard Xavier acquired the property for $17.9 million.

Located at 3635 College Ave., Willow Glen Apartments features 97 units, high-speed internet and free Wi-Fi for residents.

Trion purchased the property in June 2015 for $9.6 million and implemented $2.2 million in capital improvements and rebranding. Renovations included the installation of quartz countertops, stainless steel appliances and new cabinetry in each of the units. Exterior upgrades include a revamped façade with new paint, as well as the integration of low-water and drought-tolerant landscaping to minimize operating costs and improve the sustainability of the property.

Peter Scepanovic and Corey McHenry of Colliers International represented the seller in the deal.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Conferences