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8465 Broadway
Lemon Grove, CA 91945
Grove Lofts · Multifamily Property For Sale
·
16 Units
Investment Highlights
- Market 5.11% Cap Rate & 13 GRM
- All Units Have Stainless Steel Appliances, Built in Microwaves, Dishwashers, Mini-Split A/C Units, Private Balconies, & In-Unit Washer & Dryer
- Secure Community with Common Areas on Each Level Including Ground-Level BBQ, Fire Pit & Picnic Table
- Loft-Style Units, 2018 Construction
- Four Rentable Downstairs Storage Rooms
Property Facts
| No. Units | 16 | Building Size | 10,659 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2018 |
| Building Class | B | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 0.51 AC | ||
| Zoning | 60 - Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 10,659 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2018 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | 60 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Refrigerator
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Gated
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,766 | - |
| 1+1 | 12 | $2,229 | - |
Property Taxes
| Parcel Number | 499-220-53 | Improvements Assessment | $1,866,037 |
| Land Assessment | $450,179 | Total Assessment | $2,316,216 |
Property Taxes
Parcel Number
499-220-53
Land Assessment
$450,179
Improvements Assessment
$1,866,037
Total Assessment
$2,316,216
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