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April 16, 2018

An El Cajon apartment complex has been sold for nearly $7.8 million.

San Diego Business Journal

Ray Huard

The 35-apartment Stratford Arms at 1397 East Washington St. was sold by the Hillgren Family Trust to F&F El Cajon, LP.

Kidder Mathews' multifamily investment brokers Eric Comer, Jim Neil and Merrick Matricardi represented both parties.

Stratford Arms is a mix of 29 townhomes and six single-story apartments. They all have two bedrooms.

"At a sale price of $221,428 per unit, Stratford Arms represents the highest per unit transaction in El Cajon in the last 12 months," Comer said.

For the full story, go to the San Diego Business Journal.

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