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Key Details
Sold Price $1,635,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190044362
Sold Date 10/06/19
HOA Y/N No
Property Description
Full Marketing Package in Docs. Lakeshore Apartments, is a brand new construction 6-unit apartment complex near the newly constructed Sherriff Substation and the planned city library site. Lakeside/El Cajon/ Santee were identified by CBRE Econometric Advisors as the highest rent growth/lowest vacancy submarket in San Diego County. The units feature highly desirable unit mix of generous 2 bedroom 2 bath layouts, and a 3 bedroom 2 bath unit with 8 oversize garage spaces. All units include in-unit washer-dryer, premium mini-split HVAC, enclosed outdoor space, and low maintenance exterior. The units are also separately metered for water. The asset offers a turn-key investment positioned to benefit from the high growth of the submarket overall.
Location
State CA
County San Diego
Area 92040 - Lakeside
Interior
Fireplace No
Others
Tax ID 3940221200
Financing Cash to New Loan
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Bought with John Newton • CBRE