Sold Price:

$10,750,000

Cap Rate:

5.5%

Price/SF:

$326.31

Price/Unit:

$223,958

Gross Building Area:

32,944 SF

Lot Size:

1.15 AC

Status:

Closed

Submarket:

East County

Property Type:

Apartments

Strategy:

Core Plus

INVESTMENT HIGHLIGHTS

• 48 Units located in a Residential Neighborhood of Spring Valley

• Spectacular pool and courtyard

• Air-conditioned units

• Security gates and on-site property management

• Ample off-street parking

• Recently upgraded asphalt, solid wood cabinets, granite countertops, tubs and shower surrounds, shower doors, vanities and sinks, tile flooring, wall heaters, ac units, and kitchen appliances

Listed By:

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