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December 18, 2018
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New Residential Complex in Chula Vista Brings $35 Mil

6/21/18

Stone Creek Apartments, a recently constructed 97-unit luxury apartment community located in Chula Vista, sold for $35 mil ($360.8k/unit).

Stone Creek Apartments was completed in April 2018 and features first-rate amenities including park space with BBQ’s and outdoor seating, a clubhouse, and oversized pool. The community is located on a 4.68-acre parcel at 3875 Main St, west of I-805.

Peter Scepanovic and Corey McHenry of Colliers International San Diego Region’s Multi-family Advisory Group represented the buyer, Oktogon Stone Creek LLC. The seller, 3875 Main Street Investors LLC, was repped by California American Realty Advisors.

“Chula Vista is one of the fastest growing cities in San Diego County.” said Peter Scepanovic, Senior Vice President of Colliers International San Diego Region. “Stone Creek Apartments will help satisfy critical rental demand for new housing in the South Bay.”





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