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Villa Grande Apartments Sell for $19M in El Cajon
Villa Grande Apartments, a 110-unit multifamily property in East San Diego County’s El Cajon neighborhood, traded hands for $19 million. The property totals 64,900 square feet of buildings set on a 4.55-acre parcel at 1360 E. Madison Ave. The community is comprised of one- and two-bedroom units.
Colliers International’s Peter Scepanovic and Corey McHenry represented the undisclosed buyer. Coldwell Banker Commercial represented the seller, 1360 E Madison Avenue, LLC.
Scepanovic says, “The Villa Grande Apartments is a unique investment opportunity of a larger multifamily asset in the heart of East San Diego County. The property features a clubhouse, pool and spa, making it an excellent value-add opportunity and a rare find.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

