Sold Price:

$7,650,000

Cap Rate:

4.26%

Price/SF:

$327.08

Price/Unit:

$246,774

Gross Building Area:

23,389 SF

Closed of Escrow:

5/25/2021

Status:

Closed

Submarket:

North County

Property Type:

Apartments

Strategy:

Core Plus

INVESTMENT HIGHLIGHTS

• A 31- unit multifamily investment property in Vista, CA

• Excellent unit mix of one and two-bedroom units

• Great amenities including controlled access, carport parking with storage space, pool, BBQ area, and on-site laundry

• $1 million in renovations including new front facade, windows, resurfaced parking lot, carport roofing, landscaping, drain swale, laundry room, replastered pool, and tankless water heaters

Listed By:

Aaron Bove
Senior Vice President, Investments
aaronbove@thebovegroup.com
(858) 373-3237