67 F
San Diego
Thursday, Oct 6, 2022
-Advertisement-

Fallbrook Apartment Complex Sold For $6.9M

A Fallbrook apartment complex has been sold for $6.9 million.

The 48-unit Casa Loma Apartments at 218 Clemmens Lane was sold by Woodspear Properties to Efren R. Cota, Ltd.

Built in 1975, apartments in the 30,048 square-foot complex average 665 square feet, according to CoStar, a real estate listing service.

Woodspear Properties was represented by Merrick Matricardi, Jim Neal and Eric Comer of Kidder Mathews.

- Advertisement -

Efren R. Cota, Ltd. was represented by Robert Cota and Mark Edwards of Bob Cota Realty.

“This property is well maintained, and in-place rents are below market compared to similar communities in Fallbrook, giving Casa rents room for growth in the current market,” Matricardi said.

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-