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$3,175,000
Est. payment /mo
8,928 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 8,928 sqft
Price per Sqft $355
MLS Listing ID CRNDP2509675
HOA Y/N No
Year Built 1968
Property Sub-Type Comm Ind For Sale
Property Description
We are pleased to offer for sale the opportunity to acquire the Meadowlake Apartment Homes, an 8 unit apartment community in Vista CA. Built on 2 parcels, each 4 plex consists of all large 1,116 sq.ft. Two Bedroom/Two Bath units. Each apartment home has a garage, an additional dedicated parking space, and back patio. Three (3) of the units have been fully renovated and have achieved market rent. The other five (5) units are poised for rehabilitation for value-add or keep as they are with continued rent growth. These feel like small homes rather than apartments. Draught resistant landscape keeps the expenses low. Laundry room provides additional income as well. High cashflow property in an excellent location!
Location
State CA
County San Diego
Zoning R-3
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 1760303000
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509675
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Listed by Dave Plutner • DP Properties