**24 Units, 6.50% CAP Rate, $206k/Unit** The Apartment Homes on Park Blvd is an incredible investment opportunity located in the heart of Downtown San Diego (East Village). Situated on a 5,130sf parcel, the property consists of eighteen (18) studio units, and (6) 1Bedroom / 1Bathroom units.… Read More Tenants enjoy a common area rooftop lounge and walkability to shops, restaurants, transit, and Petco Park (99 WalkScore). Located on the corner of Park Blvd & F St, this asset uniquely offers an investor the combination of high in-place cash flow, 20% upside in rental income, and a low price/unit with minimal property maintenance. This building is perfect for an investor looking for a central location with a high CAP rate. Read Less
Courtesy of Apartment Realty Group (ARG), 619-222-9500, Angelo Joseph La Bruna III.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Com-Res Income
Beds
6
Full Baths
24
Square Ft.
5,130
MLS Number
260019244
30 Days Snapshot Of 92101
$819k
0%
(avg) sold price
0
-100%
homes sold
32
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 0, Building area total: 5130, 1 number of building, 3 stories, Living area: 5130, Living area units: Sqft, Building area units: Sqft, 24 total units
Expenses
Operating expense: $18,465
Income
Gross scheduled income: $517,224
Lot
Size units: Acres
Property
Property subtype: Com-Res Income, Property type: Residential Income
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Source: San Diego MLS
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