Description
We are pleased to present this opportunity to acquire an 8-unit apartment complex located in the Kensington neighborhood of San Diego. The property was recently remodeled and features an ideal unit mix of three (3) two-bedroom/one-bath and five (5) one-bedroom/one-bath units totaling approximately 5,616 square feet. The two-story structure features a wood-frame, stucco exterior and a flat roof. New ownership has the potential to increase the rents nearly 30% for a significant value add opportunity. Plus, the property is a great candidate for adding an ADU.
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11BEDS
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0.15ACRES
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8BATHS
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01/2 BATHS
School Ratings & Info
Description
We are pleased to present this opportunity to acquire an 8-unit apartment complex located in the Kensington neighborhood of San Diego. The property was recently remodeled and features an ideal unit mix of three (3) two-bedroom/one-bath and five (5) one-bedroom/one-bath units totaling approximately 5,616 square feet. The two-story structure features a wood-frame, stucco exterior and a flat roof. New ownership has the potential to increase the rents nearly 30% for a significant value add opportunity. Plus, the property is a great candidate for adding an ADU.
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Source: SDMLS