VISTA, CA-46 East 57th Street LLC has acquired an apartment complex called the Mountain View Apartments located at 1370 Calle Jules in Vista for $7.4 million. The complex comprises 1 studio unit, 41 two-bedroom apartments and 22 one-bedroom apartments. Union Bank's Ron Hernandez arranged the financing worth $4.4 million for the acquisition.
In the transaction, Hendricks & Partners' Allen Chitayat negotiated on behalf of the seller, while Cassidy Turley BRE Commercial's Ray Adams negotiated on behalf of the buyer.For the full story, go to The San Diego Metropolitan.
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