Chris Zorbas, Alexander Garcia Jr & Kyle Pinkalla Of IPA Represent Sale Of Terra At Ballantyne For $14.4M

A 60-unit multifamily property located at 542 Ballantyne Street in El Cajon was sold for $14,400,000. The property was 97% occupied at the time of the closing, reflecting its strong market presence.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,400,000
• Units: 60
• Price Per Unit: $240,000
• Date of Sale: 07/29/2025
• Market: El Cajon

Chris Zorbas, Alexander Garcia Jr., and Kyle Pinkalla of Institutional Property Advisors - Marcus & Millichap represented both the undisclosed buyer and seller in this transaction, facilitating the sale of Terra at Ballantyne.