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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Last Updated 7/21/2014

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