NorthMarq Arranges $22.1M sale of Southern Highlands Independent Living Near San Diego

NATIONAL CITY, Calif. — NorthMarq has arranged the sale of Southern Highlands Independent Senior Living, a 151-unit independent living property in National City, just south of San Diego.

Lincoln Avenue Capital acquired the community from Shefflin Investments for $22.1 million. The three-story building was constructed in 1999 on 1.03 acres. The units are a mix of studios and one-bedroom apartments.

NorthMarq’s Southern California investment sales team of Kyle Pinkalla and Shane Shafer arranged the sale.