PELICAN COVE APARTMENTS SELLS FOR $4.6 MILLION

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OCEANSIDE, CALIF. — In an all-cash transaction, Pelican Cove Business Holdings LLC has acquired Pelican Cove Apartments in Oceanside for $4.6 million. The 24-unit property, which is located at 707-09 Eaton St., offers mostly two-bedroom units with garages, lagoon views, and a pool, paddle tennis and patio area. Will Creagan of Southwest Equity Partners represented the buyer; Ray Adams of Grubb & Ellis|BRE Commercial represented the seller, Glenn Goldman Family Trust, in the transaction.

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