Listed by CBRE - San Diego
$3,750,000
Bali Apartments
Details
APN 230-201-18
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,472
Units 15
Price per SqFt $396
Year Built 1969
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.330
Parking Spaces 22 spaces
Parking Per SqFt 2.32
Multifamily | 15 Units | $250,000/unit
Marketing description
5.22% Cap Rate with Upside! The Bali Apartments is a fully renovated 15-unit apartment building located in the heart of Escondido in North County San Diego. The property features all 1 bed 1 bath units of approximately 630 square feet and abundant parking with 22 surface spaces, 14 of which are covered. Each unit has modern finishes including fully renovated kitchens and bathrooms along with new flooring, fixtures and dual pane vinyl windows. Kitchens feature countertop seating, stainless appliances, luxury gas ranges and floating vent hoods. Each unit also has an air conditioning unit. Major recent improvements include a full roof replacement in 2023 and new electrical panels in all units in 2021.
Investment highlights
Fully Renovated Units with Luxury Finishes
Great Central Escondido Location Near Major Shopping Centers and Old Town
Abundant Parking with 22 Spaces – 14 are Covered Spaces
Fifteen One Bed One Bath Units of 630 SF
Full Roof Replacement in 2023
All Electrical Subpanels Replaced in 2021
Nearby 78 Freeway for Immediate Access to Surrounding Areas
Listing Contacts
Listed by CBRE - San Diego
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