El Cajon apartment community sold for $44 million – by Rick Griffin

Cushman & Wakefield, a commercial property brokerage, recently announced the sale of apartment community Forest Park in El Cajon for 44.5 million. Forest Park is a 253,556-square-foot apartment community comprised of 338 one- and two-bedroom units. Built in 1975, Forest Park sits on 13.36 acres and has a number of on-site amenities. R&V Management Corp, the seller, was represented by Cushman & Wakefield. The buyer, JH Real Estate Partners, represented themselves.