Northmarq brokers $45M sale of 200-unit garden-style apartment community in El Cajon, CA

Terraza Hills

Investment Sales - Multifamily

EL CAJON, Calif. (April 1, 2025) — Northmarq’s San Diego Multifamily Investment Sales team of Tyler Sinks, Ed Rosen and John Chu successfully brokered the sale of Terraza Hills Apartments, a 200-unit multifamily property located at 425 E. Bradley Ave. in El Cajon, California.

Northmarq represented the seller, Terraza TI CI LLC. The buyer was Sunstone Two Tree Acquisitions LLC.

“The sale of Terraza Hills represents the continued interest in value-add apartment opportunities in San Diego County,” said Sinks. “Despite the recent economic volatility, San Diego apartments remain a reliable and highly sought-after investment class.

Terraza Hills Apartments offers pet-friendly one- and two-bedroom apartment homes in the heart of El Cajon. Residents enjoy a short drive to dining, shopping, entertainment and the San Vicente Freeway. Each spacious apartment home boasts hardwood floors, large closets and extra storage.

Community amenities include: swimming pool, laundry facility, gated access, garage parking, on-call maintenance and on-site management.

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About Northmarq

Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.