Inman

Multibuilding apartment complex sold

Charles Dunn Co. negotiated the sale of a 12-building, 338-unit apartment complex in San Diego. 

The value of the transaction was $31.5 million.

The property, known as The Forest Park Apartments, is located at 1210, 1250, 1306 and 1430 Petree St. It was built in the early 1970s.

California-based Petree Companies II & III sold the property to EC Phoenix Associates L.L.C.

Charles Dunn Co. is a full-service brokerage and property management firm operating on the West Coast. 

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.