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Prebys Campus Village Portfolio Sold in San Diego

86 Apartments, 3 Commercial Units Trades for $21M
January 22, 2018
Home Sweet Home Holdings, a Los Angeles-based investment firm, acquired the College Area multifamily portfolio in San Diego, CA from the Conrad Prebys Trust for $20.97 million, or about $236,000 per unit.

The portfolio encompassed 86 multifamily units and three commercial spaces across four buildings at 5925, 5865-5869 and 5847 El Cajon Blvd. and 4430 Dayton St. All four 1980's buildings are located in the El Cerrito Multifamily submarket.

Rita Lancaster-Hannah of ACRE Investment Real Estate represented both the buyer and seller in the sale.

Please see CoStar COMPS #4111611 for more information on this transaction.
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