California Fine Properties
Listed by THE AGENCY, California Fine Properties
$3,400,000
99 Broadway
Details
APN 565-330-02-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,093
Units 15
Cap Rate 5.94%
NOI $202,000
Broker Co-Op Yes
Year Built 1953
Year Renovated 2023
Buildings 3
Stories 2
Acreage 0.250
Parking Spaces 13 spaces
Parking per 1,000 SqFt 4.20
Ownership fee simple
Value Add Multifamily in a Great Area
Marketing description
Fantastic opportunity in a great area. 15 units all remodeled with lots of upside in rents. Excellent site for workforce housing.
Investment highlights
- Excellent workforce housing with good proximity to Gaylord/Chula Vista Bayfront development
- Only 9 miles from the Mexican border & 7 miles to downtown San Diego
- Walking distance to shops, restaurants & other great amenities
- Transportation hub near bus lines & easy access to highway 54 & I-5
- No landscaping/low maintenance property
Listing Contacts
California Fine Properties
Listed by THE AGENCY, California Fine Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$202,000.00
$16,833.33/mo
Valuation Metrics
0
DSCR
5.94%
Cap Rate
5.94%
ROI
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