La Roca Plaza Sold: A Significant Deal in Santee Real Estate
Overview of the Sale
In a notable transaction for the Santee real estate market, La Roca Plaza, an apartment complex, has been sold for $26.5 million. This acquisition was made by Casa La Roca Apartments LLC, taking over from the previous owners, La Roca Plaza LP.
Property Details
Location and Size
La Roca Plaza is strategically located on 4.6 acres in Santee, California. This prime location provides residents with convenience and ease of access to the surrounding community.
Apartment Features
The complex boasts a diverse range of living options, offering 100 apartments with a mix of one-, two-, and three-bedroom floor plans. This variety caters to different family sizes and lifestyle preferences, making La Roca Plaza an attractive choice for potential tenants.
Amenities for Residents
La Roca Plaza is equipped with numerous amenities designed to enhance the living experience:
- Swimming Pool: A great spot for relaxation and leisure.
- Playground: Ideal for families with children, providing a safe space for play.
- Central Courtyard: A communal area that fosters community engagement.
- Onsite Laundry: Convenient facilities to meet everyday needs.
- High-Speed Internet Access: Essential for modern living, allowing residents to stay connected.
- 154 Onsite Parking Spaces: Ample parking for residents and guests.
Key Players in the Deal
The successful transaction was facilitated by CBRE, a prominent global real estate services firm. Conor Brennan and Rachel Parsons from CBRE represented both the buyer and seller, ensuring a smooth negotiation process.
Conclusion
The sale of La Roca Plaza marks a significant milestone in Santee’s real estate landscape. With its extensive amenities, diverse floor plan options, and prime location, La Roca Plaza continues to be a desirable community for residents and a noteworthy investment opportunity in the Santee housing market.
For more information about real estate trends in Santee, visit Realtor.com or Zillow.
