Trenton Arms
Multifamily | 29 Units | $200,000/unit
Marketing description
ACRE is proud to introduce the Trenton Arms. This 29-unit multi-family
property, built in 1925 and renovated in 2021, is located in the Escondido
Downtown Specific Plan area, offering a unique blend of historic charm and
modern comforts.
The property features 17 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 11 studios.
The building features a new roof, plumbing, and electrical systems, ensuring
functionality and appeal. Units within the property are submetered for
electricity. RUBs (Ratio Utility Billing System) have been implemented for
electricity, gas, water, and sewer, promoting efficient utility management.
With a strong 100% occupancy rate, this property not only stands as a testament
to its desirability but also presents a value-add investment opportunity through
potential rent increases. It's an ideal choice for investors looking for a property
that combines historical significance with contemporary living standards.
Investment highlights
New roof, plumbing, and electrical
Units are submetered for electricity
RUBs implemented for electricity, gas, water, and sewer
Built in 1925, renovated in 2021
Located in Escondido Downtown Specific Plan
Strong 100% occupancy rate
Blend of historic charm and modern comforts
Value add investment opportunity through increased rents
Well-maintained and updated property
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