FPA Multifamily

Former SRO Apartments to See New Life as Market-Rate Studios

Hotel Metro, located at 434-435 13th St. in the submarket of East Village, has sold for a total consideration of $6.1 million. The seller was San Diego Housing Commission (SDHC), a public housing agency that creates and preserves affordable housing in San Diego. The buyer was Fowler Property Acquisitions LLC, based in Newport Beach, Calif.

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