1750 W Main St
El Centro, CA 92243
Mission West Luxury Apartments · Multifamily Property For Sale · 52 Units

Cushman & Wakefield is pleased to present the Mission West Luxury Apartments for sale. This wonderful Southern California investment opportunity consists of 52 large, desirable residential units. Mission West Luxury Apartments was designed and constructed to condominium specifications in the early 1990s thereby offering many modernized property enhancements and upgraded features. The project offers an alluring unit mix composed of large two and three bedroom units that feature private yards or balconies, architectural articulation, upgraded windows, and vaulted ceilings. The units also enjoy fully appointed kitchens, large linen cabinets, extra storage, and upgraded cabinetry. There is also a shared laundry facility on site providing ownership with a supplementary income stream. Mission West Luxury Apartments is centrally located along W. Main St. in the heart of El Centro, the county seat for Imperial County. El Centro’s growing economy boasts a diversified employment base and increasing population. While always a major agricultural producer, the region’s ongoing expansion is being driven by its robust clean energy production hub, international trade corridor and federal border security epicenter. Currently, higher quality multifamily properties in El Centro are operating at near 100% occupancy and at substantially higher rental rates. Mission West Luxury Apartments, with in-place rents currently below market coupled with strong, stable renter demand, provides an investor increased income and value potential without the need for major additional property improvements. Further, through improved management operations, “for rent” marketing of units, significant future rent increase potential, and or even additional minimal capital improvements, an investor can capture the greater financial benefit this project can deliver.