The offering is a 56-unit apartment community and a 48-unit self-storage facility located in Poway, California. The adjacent properties provide stable cash flow and benefit from shared operations. The apartment community has been well maintained and the majority of the units have been renovated over the years with updates to the kitchens and bathrooms. Investors have the opportunity to further increase revenue through the installation of in-unit washers and dryers, a proven amenity that can command meaningful rent premiums. Located in one of San Diego County's most affluent and supply-constrained submarkets, the property benefits from strong demographics, highly rated schools, and significant barriers to new development. Three parcels - 317-550-18-00, 317-550-19-00 & 317-550-20-00. Must be sold together as a portfolio.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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