Northmarq brokers $45M sale of 200-unit garden-style apartment community in El Cajon, CA
EL CAJON, Calif. (April 1, 2025) — Northmarq’s San Diego Multifamily Investment Sales team of Tyler Sinks, Ed Rosen and John Chu successfully brokered the sale of Terraza Hills Apartments, a 200-unit multifamily property located at 425 E. Bradley Ave. in El Cajon, California.
Northmarq represented the seller, Terraza TI CI LLC. The buyer was Sunstone Two Tree Acquisitions LLC.
“The sale of Terraza Hills represents the continued interest in value-add apartment opportunities in San Diego County,” said Sinks. “Despite the recent economic volatility, San Diego apartments remain a reliable and highly sought-after investment class.
Terraza Hills Apartments offers pet-friendly one- and two-bedroom apartment homes in the heart of El Cajon. Residents enjoy a short drive to dining, shopping, entertainment and the San Vicente Freeway. Each spacious apartment home boasts hardwood floors, large closets and extra storage.
Community amenities include: swimming pool, laundry facility, gated access, garage parking, on-call maintenance and on-site management.
Meet our team
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
