144-UNIT THE GROVE CHANGES HANDS FOR $14.7 MILLION

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EL CAJON, CALIF. — San Diego-based The Conrad Prebys Trust has purchased The Grove, a 144-unit multifamily community located at 346 Jamacha Rd. in El Cajon, for $14.7 million. Constructed in 1973, the community offers one-, two- and three-bedroom units with vertical blinds, refrigerators and dishwashers in select units. Additionally, the property features a swimming pool and spa, a sauna, a fitness room, a playground and on-site laundry facilities. Allen Chitayat of Hendricks & Partners’ San Diego office represented the seller, Los Angeles-based Grove Apartments LLC, in the transaction.

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