July 12, 2016 Comments Off on HFF Closes $28.9M MF Sale in Santee Views: 437 California News, San Diego, West

HFF Closes $28.9M MF Sale in Santee

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Holliday Fenoglio Fowler, L.P. (HFF) closed the $28.9 million sale of Sun Ridge Apartments, a 160-unit, garden-style apartment complex in the East San Diego County community of Santee, CA. HFF marketed the asset on behalf of the seller, MG Properties Group, and procured the buyer, Stratford Partners.

Sun Ridge Apartments sits on 5.45-acres, includes 16 one-bedroom and 144 two-bedroom units and features a swimming pool, covered picnic area with grills, gated dog runs, children’s playground and 24-hour laundry facility.

HFF’s investment sales team included Hunter Combs and Sean Deasy. San Diego-based MG Properties is a privately owned owner and operator. Stratford Partners is a private real estate investment company based in Del Mar, CA.

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