Surf City Apartment Complex Sold for $7.4 Million

July 11, 2025 - 22:37

An 18-unit apartment complex located in Surf City has recently been sold for an impressive $7.4 million. This property, completed in the early 1970s, consists of two buildings that house a variety of living spaces, including one studio and 17 two-bedroom units. Spanning a total of 15,903 square feet, the complex has attracted attention for its prime location and potential for rental income.

The real estate market in Surf City continues to thrive, with demand for residential properties steadily increasing. This sale reflects the ongoing trend of investors seeking opportunities in desirable coastal areas. The apartment complex’s strategic positioning and the variety of unit types make it an appealing option for both renters and investors alike.

As the housing market evolves, properties like this one are expected to remain in high demand, contributing to the overall growth of the Surf City real estate landscape. The successful transaction underscores the robust nature of the local rental market.