1133 Old Stage Rd | Fallbrook, CA 92028
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- LoopNet Team
1133 Old Stage Rd
Fallbrook, CA 92028
North San Diego-Fully Renovated-3.05% LOAN · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- 3.05% Assumable Loan of approx. $3.7MM!
- 5.43% Current Cap Rate | 5.75% Market Cap Rate
- Located in North San Diego County - short drive to North County beaches
- Fully renovated interiors & exteriors. Owner spent over $800,000 on renovations in 2019/2020
- 1.8% vacancy in the city of Fallbrook (Costar) - Lowest in San Diego County!
- Walkable to Downtown Fallbrook (Main Ave) - close to wineries/vineyards
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.53 AC |
| Property Type | Multifamily | Building Size | 13,600 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1987/2020 |
| Building Class | C | Parking Ratio | 1.76/1,000 SF |
| Zoning | RU-29 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 13,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2020 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | RU-29 |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 600 |
| 2+1 | 12 | - | 850 |
PROPERTY TAXES
| Parcel Number | 104-341-22 | Improvements Assessment | $4,080,696 |
| Land Assessment | $2,040,000 | Total Assessment | $6,120,696 |
PROPERTY TAXES
Parcel Number
104-341-22
Land Assessment
$2,040,000
Improvements Assessment
$4,080,696
Total Assessment
$6,120,696
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