San Diego Business Journal

El Cajon Apartments Sold for $4.2 Million

By Lou Hirsh Tuesday, May 13, 2014
Photo courtesy of CoStar Group

Photo courtesy of CoStar Group

Willowcreek Apartments, a 33-unit multifamily complex in El Cajon, has been sold for $4.2 million, according to CoStar Group and public data.

The recorded buyer of the property, at 8410 Los Coches Road, was Willowcreek Apartments LLC of Newport Beach, which includes Gordon Reese. Recorded sellers were Bradley P. and Lori R. Jones of Brea.

Fully leased at the time of sale, the property was built on 1.1 acres in 1987. Gregory Scafidi of BHHS – California Properties represented the buyer, with Doug Merlino of Beach Pointe Properties representing the seller.