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Opportunity
The Opportunity
Berkadia Institutional Solutions is pleased to present Terra Nova Villas – a 233-unit value-add opportunity located in Chula Vista, CA. Surrounded by high-quality employment, exceptional retail and recreation amenities, and set in one of the fastest growing cities in California, Terra Nova Villas provides investors with the opportunity to capitalize on the region’s rapid expansion by repositioning the property and capturing substantially higher rents.
PROPERTY SUMMARY
364 / 1.6
PARKING SPACES / RATIO
233
Number of Units
1985
YEAR BUILT
12.83 ACRES / 18 DU/AC
SITE SIZE / DENSITY
Investment Highlights
Multi-Billion Dollar Chula Vista Bayfront Redevelopment Underway
Value-Add Opportunity
Highly Accessible Location
Exceptional Quality of Life
Outperforming Rental Market
© 2023 Berkadia Proprietary Holding LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. This website is not intended to solicit commercial mortgage loan brokerage business in Nevada.
In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
CONTACT Us
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ED ROSEN
INVESTMENT SALES
San Diego Office
Managing Director
858.257.4715
ed.rosen@berkadia.com
CA BRE #01010225
TYLER SINKS
Senior Director
858.257.4706
tyler.sinks@berkadia.com
CA BRE #01910220
DERREK OSTRZYZEK
Managing Director
310.824.9348
derrek.ostrzyzek@berkadia.com
CA BRE #01984295
RACHEL PARSONS
Senior Managing Director
858.945.0992
rachel.parsons@berkadia.com
CA BRE #01335449
JOHN CHU
Managing Director
858.257.4713
john.chu@berkadia.com
CA BRE #00966982
4275 Executive Square
Suite 900
La Jolla, CA 92037
Irvine Office
3333 Michelson Drive
Suite 620
Irvine, CA 92612
MIKE MURPHY
Senior Director
949.242.4073
mike.murphy@berkadia.com
CA BRE #01241878
PHOTO GALLERY
440 EAST H STREET | CHULA VISTA, CA 91910
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Kevin Mignogna
Senior Managing Director
619.622.9238
kevin.mignogna@berkadia.com
Charlie Haggard
Senior Managing Director
949.622.9239
charlie.haggard@berkadia.com
Lee Scott
Director
858.275.5066
lee.scott@berkadia.com