Listed by Pacific Coast Commercial
$2,100,000
Investment Opportunity | ±5,694 SF 8-Unit Apartment Building
Details
APN 471-241-19-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,694
Units 8
Cap Rate 5.10%
NOI $106,093
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 5.79%
Pro-Forma NOI $121,570
Price per SqFt $369
Class A
Year Built 1971
Buildings 1
Stories 2
Acreage 0.140
Zoning RM-1-1
Parking Spaces 9 spaces
Parking per 1,000 SqFt 1.58
Investment Type Stabilized
Sale Condition N/A
Multifamily | 5.10% CAP | 8 Units
Marketing description
HIGHLAND MANOR is offered for sale and consists of 8 units totaling 5,694 square feet. The property includes on-site parking, laundry room, newer roof, a new 100-gallon water heater recently installed, many interior upgrades and improvements. Located in the College Grove / Talmadge area of the City of San Diego, it's location on Highland Avenue and El Cajon Boulevard provides for easy I-15 and I-8 freeway access, and is within walking distance to work, schools, transportation, and multiple food and retail amenities.
Investment highlights
- On-site parking
- Coin-operated laundry room
- Newer roof
- New 100-gallon water heater recently installed
- Many interior upgrades and improvements
- Easy I-15 and I-8 freeway access
- Within walking distance to work, schools, transportation, and multiple food and retail amenities
Listing Contacts
Listed by Pacific Coast Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,092.50
$8,841.04/mo
Valuation Metrics
0
DSCR
5.05%
Cap Rate
5.05%
ROI
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