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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The County of San Diego themselves Charles L. Nichols Trust, Dated 12/28/1999 Kyle Clark of Cushman & Wakefield Office 10,632 square feet El Cajon CA 92021 1000 Broadway 60 month $1,316,878 4/10/2014
Alvarado Pacific Insurance Glenn Friedrich of Cresa San Diego Allied Office Plaza-SPE, LLC Kipp Gstettenbauer and Kyle Clark of Cushman & Wakefield Office 7,169 square feet La Mesa CA 91941 7777 Alvarado Road 62 month $891,252 4/10/2014
Neighborhood National Bank Shane Poppen of Hughes Marino Sweetwater Plaza East, LLC Kipp Gstettenbauer and Kyle Clark of Cushman & Wakefield Retail 7,498 square feet National City CA 91950 1717 Sweetwater Road 60 month renewal $883,735 4/10/2014
Last Updated 4/10/2014

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