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    Address Not Available By Request

    San Diego, CA 92103
    • $9,700,000
    • STATUS: ACTIVE
    • ON SITE: 17 days
    • ID#: 210003538
    UPDATED: 12 min ago
    $9,700,000
    • 5
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Mission Hills (92103)
    Type:
    Multi-Family
    County:
    San Diego
    Area:
    Mission Hills (92103)

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    Description

    New luxury 17 unit residential property. Completed August 2020. Fully leased. Offered unpriced. Contact listing agent for OM and additional information. Large spacious units with multiple balconies and terraces. High ceilings throughout. Mahogany exterior and interior doors. Designer kitchens and bathrooms. Vinyl plank wood flooring throughout. Washer and dryer in each unit. Forced air heating and cooling. Spacious and functional enclosed and gated parking. Upgraded construction materials such as TPO roof and copper flashing. Please drive by discreetly without disturbing the residents or management.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/114102178
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    Address Not Available By Request San Diego, CA 92103

    • Price: $9,700,000
    • Status: ACTIVE
    • Updated: 12 min ago
    • ID#: 210003538
    5
    Beds
    5
    Baths
    2
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Mission Hills (92103)
    County:
    San Diego
    Area:
    Mission Hills (92103)
    Property Description
    New luxury 17 unit residential property. Completed August 2020. Fully leased. Offered unpriced. Contact listing agent for OM and additional information. Large spacious units with multiple balconies and terraces. High ceilings throughout. Mahogany exterior and interior doors. Designer kitchens and bathrooms. Vinyl plank wood flooring throughout. Washer and dryer in each unit. Forced air heating and cooling. Spacious and functional enclosed and gated parking. Upgraded construction materials such as TPO roof and copper flashing. Please drive by discreetly without disturbing the residents or management.
    Exterior Features

    Construction Frame Parking Other/Remarks Parking Spaces Total 27 Roof Other/Remarks Units With Garages 27

    Interior Features

    Cooling Central Forced Air ElecCentral Forced Air Gas Floor Coverings Other/Remarks Floors Wood Heating Central Forced Air Gas Laundry Owned Sq Ft Of Improvement 18581 Stories 4 Story Units With Dishwashers 17 Units With Ranges 17 Units With Refrigerators 17

    Property Features

    1st Loan Balance 4700000 Actual Cap Rate 4.17 Actual Gross Scheduled Income 591624.0 Actual Operating Expense 170000 Assumable Finance 4700000 Complex Features Elevator Existing Financing Conventional Financial Information Source Owner Gross Equity 0 Gross Multiplier 16.4 Have 17 New Luxury Residences Leased Apartments 17 Mandatory Remarks None Known Market Area Metro Uptown Motive Want SaleUnpriced Present Loan 4700000 Sq Ft Source Plans Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Terms Assumable 1StCashCash To Existing LoanCash To New Loan Unit Number1 7 Unit Number2 3 Unit Number3 7 Unit Type Apartment

    Listing provided courtesy of Ray Adams Investment Re Inc. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101