9705 Carlton Hills Blvd., Santee, CA 92071 | 70 Units

CHVillas.com

• 70 garden-style units built in 1978, located in Santee, CA / San Diego County

• Purchased in June 2011 for $7,900,000 / $113,000 per unit / $160 PSF

• Rebranded community with new logo, full property signage upgrade, new website

• Enhanced common areas including construction of onsite fitness center, addition of cabanas and BBQ to pool, Wi-Fi to amenity spaces, and renovation of laundry room and landscaping

• Installation of solar panels in 2013 to offset main common area electric (approximate 15% return on cost)

• Interior upgrades to flooring and paint, as well as ongoing appliance and cabinet replacement

• Closed in July 2017 for $13,000,000 / $185,000 per unit / $267 PSF

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