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Build-to-Rent Units Coming to Development Parcel in Vista, CA

Build-to-Rent Units Coming to Development Parcel in Vista, CA

Marcus & Millichap arranged the sale of 600 E. Vista Way, a 1.20-acre parcel of land in Vista for $2,650,000. Aaron Bove and Rick Puttkammer, investment specialists from Marcus & Millichap’s San Diego Del Mar office successfully marketed the property on behalf of the seller – an LLC – and procured its buyer – also an LLC.

Southern California has been facing a housing crisis with affordability issues and limited suitable housing options for residents; build-to-rent properties have provided a solution to this pressing issue by addressing the shortage while catering to community needs. The recent sale at 600 East Vista Way is indicative of our ongoing commitment to identifying potential in exceptional properties throughout Southern California’s real estate market landscape..

Bove commented: “This transaction represents a significant milestone as we continue working towards providing viable solutions that meet evolving needs within our communities.”

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