Northmarq Brokers $22M Sale of 89-Unit Apartment Portfolio in El Cajon, California
EL CAJON, CALIF. — Northmarq has brokered the sale of a four-property multifamily portfolio located in El Cajon. Swanson Real Estate Solutions sold the property to El Cajon Investor 1 and El Cajon Investor 2 for $22 million.
The portfolio includes the 28-unit Easter Manor Apartments, the 23-unit East Winds, the 19-unit Sunshine Manor Apartments and the 19-unit Sunshine Villas. The four buildings offer a total of 89 apartments.
Erik Anderson and Kyle Pinkalla of Northmarq San Diego represented the buyer and seller in the deal.