Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong national adult care facility, ResCare Bright Spring. Tenant is responsible for utilities, general maintenance, and landscaping. The property owner is responsible for structural maintenance. Bundle Price for all 4 properties: $2,820,000. Please see MLS# NDP2507086 for all four residential income listing. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego.
For sale
Listing Provided by:
Matthew DeLine DRE #01709463 matt@delinerealty.com,
Keller Williams Realty
$704,999
1384 Frauline Dr, San Diego, CA 92154
3beds
1,444sqft
Est.:
Single Family Residence
Built in 1980
5,227.2 Square Feet Lot
$708,700 Zestimate®
$488/sqft
$-- HOA
What's special
- 77 days |
- 1,248 |
- 33 |
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