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Jeb Stuart Development 431 Jeb Stuart Rd 35 Unit Apartment Building $6,550,000 ($187,143/Unit) 5.06% Cap Rate Campo, CA 91906

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INVESTMENT HIGHLIGHTS

  • Opportunity to own a California town
  • Seller Financing Available
  • Rehabbed interiors

EXECUTIVE SUMMARY

Explore this unique investment opportunity to purchase the downtown portion of Campo, California, situated in Eastern San Diego County. This expansive offering includes three parcels totaling 16 acres, encompassing a diverse tenant mix with commercial buildings, NNN leases, and residential units. Positioned between the scenic Laguna Mountains and close to economic centers in San Diego and El Cajon, this property is ideal for investors seeking to capitalize on a varied real estate portfolio with significant development potential, and the opportunity to own your own California town. Seller financing is available, enhancing the flexibility and attractiveness of this investment.

ATTACHMENTS

OM-Campo

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,550,000
Price Per Unit $187,143
Sale Type Investment
Cap Rate 5.06%
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Bulk/Portfolio Sale
Gross Rent Multiplier 12.43
No. Units 35
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Garden
Building Class C
Lot Size 16.00 AC
Building Size 95,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1940/2000
Parking Ratio 0.13/1,000 SF
Zoning C-38 - Opportunity to add additional units or rehab vacant buildings to increase income.

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 - 800 - 1,300
2+1 3 - 850
3+2 17 - 900 - 1,216
4+2 1 - 1,216

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
656-040-21
Land Assessment
$206,428
Improvements Assessment
$939,510
Total Assessment
$1,145,938
  • Listing ID: 31616372

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 431 Jeb Stuart Rd, Campo, CA 91906

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