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8410 Los Coches Rd
El Cajon, CA 92021
Willow Creek Apartments · Multifamily Property For Sale
·
33 Units
PROPERTY FACTS
| No. Units | 33 | Building Size | 33,096 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 1.11 AC | ||
| Zoning | R4 | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.11 AC |
| Building Size | 33,096 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | R4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Playground
- Pool
ABOUT 8410 LOS COCHES RD , EL CAJON, CA 92021
The current and past ownership has remodeled 13 of the units. The renovated units command a premium over non-renovated units. The renovations include new flooring, paint, granite counter tops, and all new appliances. Willow Creek provides the right investor with the opportunity to increase potential rent by renovating the remaining units. The community provides investors an opportunity to enhance yield in the near-term with a slight rental increase and full recovery of loss-to-lease. The property is located in the core business area of Escondido. Several shopping centers, a large park and the civic center are within easy walking distance. Current owners have serviced or replaced all central air conditions units, resurfaced the parking lot, painted the exterior of the project, replaced all exterior lighting with low energy usc lighting, redone all the landscaping with drip irrigation and replaced all the old concrete with new concrete. All the units are on RUBS paying approximately $100.00 per month.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | $1,675 | 900 |
| 3+2 | 21 | $2,100 | 1,100 |
PROPERTY TAXES
| Parcel Number | 400-380-25 | Improvements Assessment | $6,069,733 |
| Land Assessment | $3,280,937 | Total Assessment | $9,350,670 |
PROPERTY TAXES
