SAN DIEGO, CALIFORNIA (April 24, 2019) – Kyle Pinkalla, managing director of NorthMarq’s San Diego office collaborated with Shane Shafer, managing director of NorthMarq’s Orange County office in working together to arrange the sale of Valley Country Club, a 117-unit multifamily property located in El Centro, California. NorthMarq arranged the sale for the buyer, Positive Investments.
“This is the second multifamily purchase Positive Investments has recently made in El Centro. The market has proven its stability and investors are attracted to the yield they can find here,” said Pinkalla.
Valley Country Club is a 117 unit apartment complex in El Centro, California. The property has a great mix of one bedroom/one bath and two bedroom / one bath units and was built in 1979. El Centro is the largest city in the Imperial Valley and home to El Centro Naval Air Facility.