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SAN DIEGO — Marcus & Millichap has arranged the $11.2 million sale of The Molokai Apartments, a 39-unit property in San Diego. Austin Ray Huffman and Chris Zorbas, of the Zorbas Huffman Group based out of Marcus & Millichap’s San Diego office, listed the property on behalf of the seller, Vista International Inc. Michael Wolf of Coldwell Banker West represented the buyer, a private investor.
Built in 1971, The Molokai Apartments is a 32,204-square-foot property situated on about 1 acre at 5055 73rd St. in San Diego’s College East neighborhood. The property consists of 27 one-bedroom, one-bathroom units and 12 two-bedroom, two-bathroom units and features gated entry, onsite storage, off-street parking and a pool.