Mary Lane Aztec Villas
Mary Lane Aztec Villas | Two Contiguous Properties | Ideal Student Housing Rentals
Marketing description
6233 & 6241 Mary Lane present a rare opportunity to acquire two contiguous properties on one of the premier streets surrounding San Diego State University. Located within walking distance to campus, transit, and major retail amenities, the properties are ideally positioned to capitalize on the area’s consistently strong student housing demand.
Historically operated as successful student rentals, the properties have demonstrated strong occupancy and consistent demand driven by the growing SDSU off-campus housing market. The assets offer attractive in-place income with additional upside through continued unit upgrades, operational improvements, and potential ADU additions, as several neighboring properties on the street have already completed.
With functional layouts suited for roommate living, large flat lots, and valuable off-street parking, the properties provide an ideal opportunity for investors seeking stable cash flow, value-add potential, or future expansion opportunities in the highly sought-after College Area submarket.
Investment highlights
- Rare opportunity to acquire contiguous parcels near San Diego State University
- Can be purchased together or separately ($1.4M & $1.5M)
- Historically operated as successful student rentals with strong demand
- Prime walk-to-campus location near SDSU, transit, dining, and retail
- Strong and consistent off-campus student housing demand
- Income-producing assets with value-add potential
- Functional layouts ideal for group student leasing
- Large flat lots with potential to add ADUs, similar to other nearby properties on the street (Rendering Included)
- Off-street parking available
- Renovated interiors with modern finishes
- Turnkey opportunity in one of San Diego’s strongest student housing markets
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