Virtú Investments Acquires Barham Villas in San Marcos, CA
Virtú Investments purchased Barham Villas, a 168-unit apartment property in the San Diego suburb of San Marcos, CA. This asset offers a unique investment opportunity in the highly desirable north San Diego city of San Marcos. The property is within one-third mile from the Sprinter Transit stop, Highway 89, and California State University, San Marcos.
The most appealing aspect of this investment opportunity is the prime location in San Marcos. San Marcos has two significant masterplan communities underway that will continue the growth and popularity of San Marcos as the north county city hub into the foreseeable future. The surrounding area is receiving strong demand with Cal State San Marcos and Kaiser Hospital employment center. Cal State San Marcos is experiencing the sort of growth that has also been happening at San Diego State University and UC San Diego. Cal State San Marcos currently has 14,000 students enrolled and expect to reach full capacity with 25,000 students by 2030. Barham Villa’s unique location in a transformational city makes the property an excellent candidate for long term ownership.