Village Run

9918-9950 Buena Vista Avenue | Santee | CA | 92071


Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement


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Property Highlights

    • Not Subject to AB1482 Rent Control
    • Assumable Financing: 4.16% Fixed until 4/1/2037
    • Ideal Unit Mix - 40, 2 Bathroom/2.5 Bath Units + Den, 1,300 SF each
    • 2022 Construction Offering Strong Unit and Community Amenity Packages
    • Individual, Attached Double-Car Garages
    • Opportunity to Add Value Through Rent Stabilization
    • Meticulously Maintained by Ownership
    • The property sits on 87,120sf Lot
    • Additional On-Site Parking Spaces
    • Strong Historical Occupancy, Low Vacancy Market

Property Details

  • Price: $ 21,500,000
  • Price Per Unit: $ 537,500.00
  • Units: 40
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 52,000 SF
  • Lot Size: 2.0 AC
  • Cap Rate: 4.8%
  • Availability: Active

Property Description

The Anderson Group is pleased to present Village Run (the “Property”), an
attractive rental community located 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 2022, Village Run’s well-designed floor plans consist of 40, Two Bedroom/Two and One-Half Bath + Den units that are 1,300 square feet each. The units are spread out among 8 separate buildings housing 5 units each, all of which are situated on a 87,120 SF lot.

The Property provides an array of amenities including attached double-car garages, picnic/BBQ areas, a small dog park, and security gate/monitoring systems. Unit amenities include stainless steel appliances, quartz countertops, washer/dryer hookups, dishwasher, built-in microwave, ceiling fans, hardwood flooring, central air system, individual hot water heaters, and private balconies.

Village Run 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, and restaurants, as well as having easy access to Highways 52, 67, & 125 and Interstates 8, 15, 805, & 5. With an upside in rental income, this offering is perfect for the long-term investor seeking a pride of ownership asset with a strong current and future cash flow.


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Property Amenities

  • Immaculate Grounds Spread On 2 Acres
  • Security Gated
  • Picnic & BBQ Areas
  • Walkable Location
  • Security Monitoring System
  • Cement Cornhole Court
  • Dog Park
  • Attached Double Car Garages
  • Stainless Steel Appliance Package
  • Quartz Countertops
  • Wood Cabinetry
  • Large Walk-In Closets
  • Stacked Washer & Dryer
  • Central Air & Heating
  • Brushed Nickel Hardware & Fixtures

Financial Summary

Investment Highlights

Price $21,500,000.00
Price / Unit $537,500.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $21,500,000.00


Income & Expenses



Total Expenses
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$ 0.00
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
Potential Monthly Rent
Lease Expires


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