South Coast Commercial, Inc.
Listed by BRIDGEPOINT REALTY INC., South Coast Commercial, Inc.
$2,995,000
N/A
Details
APN 463-264-01-00
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.60%
Year Built 2026
Buildings 3
Stories 2
Lot Size (SqFt) 7,800
Multifamily | 5.60% CAP | 4 Units
Marketing description
TURN KEY 4-unit SDSU student rental property offered at a 5.9% CAP rate WITH MANAGEMENT in place! 6407-13 Richard St is comprised of (1) 5BR/3BA, (2) 4BR/2BA, and (1) 3BR/2BA - totalling 16beds/9baths and 4,410 sqft. Current management is very effective in negotiatinghigh rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with earlyrenewals so vacancy averages less than 2%. This new construction property is expected to generate $20,200/month starting August 2026 rented on a year lease to students
Listing Contacts
South Coast Commercial, Inc.
Listed by BRIDGEPOINT REALTY INC., South Coast Commercial, Inc.
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