Historical Multifamily Sale Listing - Cass Street Apartments

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Cass Street Apartments

4321 Cass Street, San Diego, CA 92109

N/A

10 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
10
Building Size:
6,088 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
5.10%
Gross Rent Multiplier:
13.30
Occupancy:
100%
Listing ID
17602261
Last Updated
over 1 year ago

Description

This 10-unit opportunity consists of 8-1br/1ba units (rents ranging from $1250-$1300) and 2-2br/1ba units ($1700-$1750). Each unit is rented with a garage space. The property boasts a new roof as of 2011, laundry facilities and a balcony or patio for each unit. The building is located in an extremely desirable "pocket" of Pacific Beach and strategically lies on a corner lot. The property is a true "turn-key" asset which has spacious floor plans and full kitchen appliance packages. This is a must see!

Located in the Heart of Pacific Beach this exclusive property is located 3 blocks from Mission Bay and 3 blocks from the Pacific Ocean. The property is located in a very high rental demand area where turnover is scarce. Pacific Beach is one of San Diego County's strongest rental markets.

Map of 4321 Cass Street, San Diego, CA 92109 (San Diego County)

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