Purchased on 08/31/2022, Stella Vista is a 43-unit multifamily property in San Diego, California, that Quail Canyon Venture Partners successfully repositioned by implementing a comprehensive value-add strategy—upgrading interiors, modernizing amenities, and streamlining operations. Additionally, 20 new units were entitled to be constructed at the asset. This approach enhanced tenant satisfaction, boosted occupancy rates, and optimized net operating income (NOI) while capitalizing on San Diego’s growing demand for quality housing.
