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SHS Development Corp. Sells 37-Unit Apartment Complex Near San Diego

Local Investor Pays $8.3 Million for La Serena Apartments
The 37-unit La Serena Apartments in Escondido, California. (CoStar)
The 37-unit La Serena Apartments in Escondido, California. (CoStar)
By Alison Siwek
CoStar Research
February 27, 2020 | 10:50 P.M.

San Diego-based SHS Development Corp. has sold La Serena Apartments in Escondido, California, to Walz Properties, a local property management company, for $8.33 million, or $225,000 per unit.

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