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Newly Constructed Stone Creek Apartments Sells for $35M
Stone Creek Apartments, a recently constructed 97-unit luxury apartment community located in Chula Vista, CA has traded for $35 million. Oktogon Stone Creek, LLC was the buyer, while 3875 Main Street Investors, LLC was the seller.
The property was completed in April 2018, and features first-rate amenities including park space with BBQ’s and outdoor seating, a clubhouse, and oversized pool. The community is located on a 4.68-acre parcel at 3875 Main St.
Colliers International’s Peter Scepanovic and Corey McHenry represented the buyer. California American Realty Advisors advised the sellers.
Scepanovic says, “Chula Vista is one of the fastest-growing cities in San Diego County. Stone Creek Apartments will help satisfy critical rental demand for new housing in the South Bay.”
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- ◦Sale/Acquisition




