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Stos Partners has made its fourth multifamily acquisition, acquiring a property in the Rolando Village submarket of San Diego

Stos Partners Adds Apartment “Ten-Plex” in San Diego’s Rolando Village 

Stos Partners, in partnership with Apartment Worth and a high-net-worth family office, has acquired a 9,500-square-foot “ten-plex” multifamily community in the Rolando Village submarket of San Diego. Located at 6752 Solita Ave., the property was acquired for $4.26 million with financing arranged through C3 Bank. 

This is Stos Partners’ fourth multifamily acquisition since entering the sector, with this initial portfolio serving as a strong foundation for future investments in the sector, according to company president CJ Stos. 

“We believe we will continue to see robust economic growth in San Diego, which, coupled with the housing shortage and looming stagflation, will lead to increased value for renovated existing multifamily communities,” said Stos. He noted that San Diego multifamily saw average vacancy rates of 2.2% at the end of 2021, a sharp decline from the past two years.  

Colliers’ Peter Scepanovic and Corey McHenry represented Stos Partners  in the transaction

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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