58.2 F
San Diego
Saturday, Feb 4, 2023
-Advertisement-

236-Unit Apartment Complex in Escondido Sells for $86M

An Escondido apartment complex has been sold for $86 million.

ColRich bought El Norte Villas, located at 1051 W. El Norte Parkway, from GW Williams.

Built in 1986, the complex has 236 apartments.

Hunter Combs, managing director in Walker & Dunlop’s San Diego office brokered the sale and Mark Grace and John Montakab of Walker & Dunlop secured financing for ColRich.

“This was the first time this asset had been on the market in nearly 20 years, and an excellent opportunity to acquire an institutionally sized, very well-maintained asset with upside in one of San Diego’s premier I-15 Corridor submarkets,” Combs said.





-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-