The El Cajon asset, which encompasses a total of 10,264 sf, is located at 431 Van Houten. It is comprised of eight townhomes that contain three bedrooms and two-and-a-half baths each.
Buyer Big Horn Investment Properties LLC has acquired the asset from seller Max Moyal, with Craig Rubin of Rubin & Associates representing both parties in the transaction.
Moyal has sold the townhomes and acquired another residential asset in El Cajon as part of a 1031 exchange transaction. The recent residential purchase, which was reported earlier this week on GlobeSt.com, involved the 36-unit Cameron Apartments complex on 346 S. Mollison Ave. Moyal bought the property from seller Cameron 36 LLC for $3 million.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
