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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Patrick and Nora Ross Penn Jones of San Diego Commercial Real Estate (SDCRE) 10806 Prospect Ave., LLC Ron Bement of Cushman & Wakefield of San Diego Industrial 2,750 square feet Santee CA 92071 10806 Prospect Ave, Suite 2 36 month off-road vehicle fabrication. A family-owned business that focuses on providing customization services for both on-road and off-road vehicles $91,799 2/24/2015
Eduardo Garcia adn Dewi Prasetia, dba GarPra, LLC Penn Jones of San Diego Commercial Real Estate (SDCRE) RSD Plaza, LLC Edwin W. Engle of Asset Management Specialists, Inc Industrial 1,125 square feet Spring Valley CA 91978 2731 Via Orange Way 38 month a Zumba dance studio $37,475 2/24/2015
Viralab Josh McFadyen and Joe Crotty of Colliers International Copperwood Partners, LP McFadyen and Crotty Industrial 1,680 square feet Oceanside CA 92054 105 Copperwood Way, Suite H 48 month flex space PR-186459 $52,674 2/18/2015
Last Updated 2/24/2015

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