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Local Investment Firm Sells Apartment Complex Near California State University San Marcos

Private Investor Pays $19.5 Million for Villa Capri in Escondido
The Villa Capri apartment complex in Escondido, California. Photo: Marcus and Millichap
The Villa Capri apartment complex in Escondido, California. Photo: Marcus and Millichap
By Taylor Damm
CoStar News
February 15, 2019 | 6:59 P.M.

Local investment firm SHS Development Corp. sold a 98-unit apartment complex in Escondido, California, to a private investor. Villa Capri sold for $19.5 million, or about $199,000 per unit.

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News | Local Investment Firm Sells Apartment Complex Near California State University San Marcos