545 Park Way, Chula Vista, CA, 91910

DJI_0762.jpg

Sold Price:

$8,700,000

Cap Rate:

4.39%

Price/SF:

$277.80

Price/Unit:

$261,765

Gross Building Area:

32,038 SF

Lot Size:

1.70 AC

Status:

Closed

Submarket:

Chula Vista

Property Type:

Apartments

Strategy:

Core Plus

 

INVESTMENT HIGHLIGHTS

  • Ideal unit mix of mostly 2bd/1ba in a strong rental area of Chula Vista

  • Upgraded cabinets/counters, bathrooms with new vanities, wood-laminate flooring throughout

  • Newer roof with transferable warranty and parking lot has recently been re-slurried and re-striped

  • Only a few blocks away from Chula Vista Center, Scripps Mercy Hospital Chula Vista, and Chula Vista Middle School & Elementary School.

  • Great transit area located within close proximity to I-5, CA-54 freeway, and the I-8 offering easy access to all major employment centers of central San Diego County

  • Nearby attractions include the Discovery Center, SeaWorld Aquatica, J Street Park, Otay Valley Regional Park, and the Chula Vista Marina.fit


Listed By:

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