Peter Rios Estates

14261-14277 Rios Canyon Road | El Cajon | CA | 92021


Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement


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Property Highlights

    • 2018 Built - Pride of Ownership Asset
    • 3.32% Assumable $7.4M Loan due in 2036 (12.7 Yrs. Remaining) Freddie Mac Debt
    •  Stabilized 5.57% Cash-on-Cash Return Year 1
    • Not Subject to AB 1482 Rent Control Regulations
    • Ideal Unit Mix: 32, 3bd/2ba Units of 1,107sf each
    • Opportunity to Add Value Through Rent Stabilization (on avg. $300/unit)
    •  Immediate Opportunity to Add Value Through More Aggressive Management Practices / RUBS

Property Details

  • Price: $ 14,395,000
  • Price Per Unit: $ 449,843.75
  • Units: 32
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 35,968 SF
  • Lot Size: 3.13 AC
  • Cap Rate: 4.66%
  • Availability: Under Contract

Property Description

ACRE Investment Real Estate Services is pleased to present Peter Rios Estates (the “Property”), an attractive rental community in San Diego’s East County. The Property is nestled in a valley surrounded by mountains in an area characterized by quiet residential communities and neighborhood retailers. The offering presents real estate investors the opportunity to acquire a rarely available multifamily asset of this quality in one of San Diego’s high-demand rental communities. In addition, the Property is not subject to California’s rent control ordinance AB1482 for the foreseeable future given its year of construction.

Originally constructed by the current owner in 2018/2019, Peter Rios Estates’ well-designed floor plans consist of 32, Three Bedroom/Two Bath units that are 1,100 square feet each. The units are spread out among 8 separate buildings housing 4 units each, all situated on a 3.13-acre Lot.

The Property provides an array of amenities including covered parking, open grass/picnic spaces, a playscape, pool & spa, exercise room, rec room, and security monitoring systems. Unit amenities include stainless steel appliances, granite countertops, washer/dryer hookups, dishwasher, built-in
microwave, ceiling fans, hardwood flooring, central air system, individual hot water heaters, and private patios/balconies.

Peter Rios Estates provides an opportunity to acquire a pride of ownership multifamily asset in one of the highest-demand rental submarkets in San Diego County. The new owner will enjoy the security of having the property situated near single-family homes, comparable apartment communities, local shopping, schools, restaurants, as well as having easy access to Interstate 8 and Hwys 67 & 52. With an upside in rental income, this offering is perfect for the long-term investor seeking a well-maintained asset with a strong current and future cash flow.


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Financial Summary

Investment Highlights

Price $14,395,000.00
Price / Unit $449,843.75
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $14,395,000.00


Income & Expenses



Total Expenses
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Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Current Monthly Rent
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Lease Expires


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