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Ramona’s Boulder Ridge Villas Sold to Investment Group

San Diego-based Block Builders Investment Group acquired Boulder Ridge Villas, a multifamily asset in Ramona, CA from San Diego-based Boulder Ridge Villas, LLC, an affiliate of KirE Builders, Inc., for $3.6 million.

The property is a rental community comprised of 11 large townhome style rentals built in 2008. The average unit size is 1,705 square feet, each with a large three-bedroom floor plan with direct access to a two-car garage. Interior amenities include granite counter tops, dual-sink vanities in master baths, walk-in closets, and full size washer/dryers.

The property has a recorded Final Map for condos, allowing an investor to sell the units individually in the future.

CBRE’s Jim Neil, Eric Comer, and Merrick Matricardi represented the seller. Marcus & Millichap’s Raymond Choi and Carson Trujillo advised the buyer.

For comments, questions or concerns, please contact Dennis Kaiser


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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