El Cajon

294 Ballantyne Street

Purchase Price $3,995,000

We are pleased to present, Gold Coast Apartments, a 40 unit apartment complex located at 294 Ballantyne Street in the center of El Cajon. The complex consists of(22) 1Bed/1Bath and (18) 2Bed/1Bath. The building includes on site laundry, 56 parking spaces, and a swimming pool. The property is ideally located 1/4 mile north of the newly re-planned El Cajon city center. The area is considered a safe, easy to access residential and multi-family neighborhood. An owner would see that the property is comparable to well performing nearby apartment complexes. Purchase Price $3,995,000 Cap Rate 5.85% Property Type: MultiFamily Rentable Square Feet 27,616 Price perRSF $144.66 Number of Units 40

Brian Nelson

(619) 226-6011

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More About This Community...

El Cajon

El Cajon

El Cajon is a vibrant community east of Misson Valley. The area sponsors the Mother Goose Parade each year and is home to the East County Performing Arts Center.

El Cajon on the map

El Cajon on the map

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Steve and Linda Carpenter and Steve and Robin Root, dba Urban Barn Nick Zech, Matt Orth and Nancy Murphy of CDC Commercial Inc. TEJ Enterprises, LLC Zech, Orth and Murphy Retail 7,000 square feet Escondido CA 92025 404 E. Grand Ave. 36 month a retail consignment store triple net $131,249 10/22/2014
Treadmill.com and Terran Marketing Nick Zech and Matt Orth of CDC Commercial Inc Pacifica Real Estate II and SR16 West Mission Road Conor Boyle and John Witherall of Colliers International Retail 1,772 square feet Escondido CA 92029 2120 W. Mission Road, Suite 180 18 month a showroom and storage for treadmill and fitness related products triple net $28,349 10/22/2014
AVR Recycling Josh Burland of Burland Commercial Gateway Knitting Ltd themselves Warehouse 6,146 square feet San Diego CA 92102 650 Gateway Center, Suites H, I, J 36 month flex, renewal $150,000 10/21/2014
Last Updated 10/22/2014

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The Grande South
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