SAN DIEGO APARTMENTS FOR SALE - 10 Unit Apartment Building, San Diego, CA
PRICE REDUCTION!!! SELLER MOTIVATED TO MAKE A DEAL!
NEW CAP RATE AT 6.87%!
The subject property is located in the City of San Diego in the community of San Ysidro. The ten (10) unit apartment community is made up of two 2-story buildings, constructed in 1988. The Apartments offer four (4) spacious and welldesigned floor plans. There are two 1-bedroom 1-bath units, three 2-bedroom 1-bath units, three 3-bedroom 1-bath units, and two 3-bedroom 2-bath units. There are ten (10) parking spaces available to tenants, eight (8) of which are covered. Historical occupancy for the property has been 100%.
Tenants pay for all utilities, except water which is mastermetered.
This property can be purchased with 33% down and will yeild a 6% cash on cash return!
Click link below for executive summary.
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