San Diego, CA 92116
$2,350,000
5.40% Cap Rate on Actuals, 9-Units in Normal Heights • Extremely Well-Maintained Asset w/ RUBS • New Roof (2024), Multiple Units Upgraded • Ample Onsite Parking (10 Spaces) • Situated Just South of Adams (WalkScore of 93) • Excellent Walkability to Shops, Dining and Nightlife Along Adams Ave • Convenient Access to Nearby Neighborhoods Including Mission Valley, Kensington, North Park and South Park This represents an opportunity to acquire an extremely well-maintained asset and with strong in-place rents with efficient operations (established RUBS system) with additional rental upside in one of San Diego's best rental markets.
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Listed by James Carter, Apartment Realty Group (ARG)