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

Real Estate Videos

Voit Real Estate's Eric Northbrook on commercial real estate

Jan. 13, 2015 -- George Chamberlin speaks with Eric Northbrook, managing director at Voit Real Estate Services, discuss the commercial real estate market and how the industrial segment is the strongest.

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Commercial Leases Database

Coastal Distributing, Inc. Penn Jones of San Diego Commercial Real Estate (SDCRE) Pacific Rancho San Diego, LP Jeremy Dentt of Pacific Realty Advisors Industrial 3,805 square feet Spring Valley CA 91978 Pacific Rancho San Diego Business Park 2701 Via Orange Way, Suite 2 36 month warehouse and distribution for a company that focuses on providing automotive maintenance products and servuces to automotive dealerships, independent repair shops and industrial/fleet organizations including government and military installations $98,794 1/16/2015
Terra Concepts, LLC Penn Jones of San Diego Commercial Real Estate (SDCRE) W.M. Acquisitions, Inc Vanessa Reza of Pacific Coast Commercial Office 890 square feet El Cajon CA 92020 Bradley Professional Center 521 W. Bradley Ave. 36 month a general office for a service-disabled Veteran-owned small business that provides knowledge services and geospatial infornation technology solutions to the Dept. of Defense $26,598 1/16/2015
Capital Bank Liz Hurley of Transwestern Villa Encinitas Plaza, Ltd Mike Paeske and Rich Lee of CFI Retail 5,195 square feet Encinitas CA 92024 El Camino Real and Mountain Vista 84 month $1,433,033 1/14/2015
Last Updated 1/16/2015

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Homes for Sale

Seller will entertain offers between $1,895,000 - $1,995,000
Seller will entertain offers between $1,175,000 - $1,225,000
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