Lee & Associates – North San Diego County Completes the $1,725,000 Sale of a 31-Unit Residential Development Site

Ramona, Calif.—January 11, 2017— Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,725,000 sale of a multi-family residential development site in Ramona. The 2.52 acre site, located at the South East corner of Day Street and La Brea, is permit ready to build a 31-unit town-home development. Construction on the project will begin in February.

Al Apuzzo and Matt Weaver of Lee & Associates – North San Diego County represented the seller, Day Street Development, LLC and the buyer, Paseo Partners, LLC, in the transaction..

“Project completion is expected for early 2018,” stated Al Apuzzo. “The future town-homes will likely qualify for FHA financing”.

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Celebrating more than 37 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and  Canada including Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Maryland, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC, Washington and Wisconsin. With almost 900 brokers, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional, national and international level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.