Marcus & Millichap’s Aaron Bove, senior managing director investments at the firm’s San Diego Del Mar office, procured the personal trust buyer in the $7 million sale of a 10-unit apartment building in Santee, CA. The seller was Responsible Residential, a San Diego-based development company focused on build-to-rent communities.

“We are very proud of our build-to-rent townhome community,” said Bryan Underwood, Principal of Responsible Residential who developed the project. “The most difficult part is getting the project to the finish line. We were thankful to partner with Marcus & Millichap to bring a quality buyer to the table.”

Located at 9260 East Heaney Circle, the Carlton Oaks community consists of 10 townhomes in a pair of three-story buildings separated by a private road accessing each unit’s two-car garage. The identical floor plans in each unit offer about 1,500 square feet of living space.