
700 Blair
Turnkey 8-Unit Income Property with Strong Returns
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Investment highlights
Strong Income Stream – Generates approximately $115,200 in annual gross income, offering stable and predictable cash flow.
Attractive Cap Rate – Solid 7.1% capitalization rate, providing investors with immediate, above-market returns.
Turnkey Condition – All eight units recently remodeled, featuring modern finishes, updated kitchens, bathrooms, and flooring — minimizing near-term maintenance costs.
Desirable Unit Mix – Eight (8) spacious 2-bed / 1-bath units, ideal for families and long-term tenants seeking comfortable living space.
Prime Rental Location – Calexico, CA – Situated in a high-demand rental area with consistent occupancy, supported by proximity to schools, shopping, and major employers.
Value-Add Potential – Opportunity to increase rents to market levels or implement utility reimbursement for additional income.
Curb Appeal & Pride of Ownership – Well-maintained exterior and common areas enhance tenant satisfaction and property value.
Ease of Management – Compact 8-unit layout allows for efficient management and operating costs.
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