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Multifamily

Liberty Row Apartments

3046 Nimitz Blvd, San Diego, CA 92106

Listing Price: $6,400,000

Cap Rate
4.51%
Number of Units
11
GRM
15.89
Price/Unit
$581,818
Price/Gross SF
$1,076.72
Gross SF
5,944

Investment Overview

Marcus & Millichap is pleased to present Liberty Row Apartments, a newly constructed 11-unit trophy asset in the Point Loma neighborhood, San Diego’s quintessential coastal destination. Built in 2024, with a perfect blend of luxurious design and seaside location, Liberty Row Apartments is a high-quality home base for residents to thrive.

The unit mix is comprised of nine three-story townhomes with (8) one-bedroom / one-bath floorplans averaging 568 square-feet, (1) two-bedroom / two-bath floorplan with 999 square-feet, and two studios averaging 200 square-feet. One of the units, a one-bedroom floorplan is designated as Moderate Income. Each unit features oversized windows with plenty of sunlight, single car garages, designer kitchens with quartz countertops, stainless-steel energy star appliance packages, contemporary interior finishes, in-unit washers and dryers, and extensive insulation for comfortable and quiet living. Every unit offers a fourth story private rooftop deck with views of the glistening San Diego Bay, harbor, yacht clubs, the skyline of America’s finest city, and Coronado. The property also has the potential to add additional studio floor plans by converting additional garages into ADUs.

Liberty Row Apartments is in the heart of bayside Point Loma, two blocks away from Americas Cup Harbor, less than one half-mile from Liberty Station, one block from Rosecrans Street, the major thoroughfare for the area, and a convenient 15-minute drive to downtown San Diego, a Tier-One employment center and the largest in the region. Residents enjoy quick access to all that the bay has to offer including access to private boat charters and yachting, world-class sportfishing, and a variety of unique retailers and restaurants. With its premium location capturing views, innovative design offering tenants privacy, and luxurious enhancements, Liberty Row Apartments provides investors with the rare opportunity to acquire an upscale coastal asset that is poised to capture rental premiums for generations.

Investment Highlights

  • Rare newly built luxury trophy asset with an irreplaceable coastal location in the heart of bayside Point Loma
  • Idyllic coastal location; less than 1-mile away from the Point Loma Marina, Humphrey's Concerts by the Bay and Liberty Station; only 2-miles to stunning Southern California shoreline
  • Mostly comprised of contemporary one- & two-bedroom townhomes ranging from 538-999 square feet with private rooftop decks, single car garages, and exceptional views
  • Luxury living amenities including designer kitchens, quarts countertops, oversized windows, in-unit washers and dryers, and extensive noise insulation for quiet living
  • Proximate to the Midway Rising Sports Arena Redevelopment project, only 2.3 miles from the re-energized midway district with 8,500 new jobs and $7 billion economic impact
  • Prime site orientation with an 82 Walk Score, and easy access to numerous dining and entertainment options, Interstates 5 & 8, Downtown San Diego (a Tier-1 employment center), San Diego Airport, and Little Italy
  • Potential to add additional studio units by converting single car garages into ADUs.

Exclusively Listed By

Financing By

Multifamily

Liberty Row Apartments

Listing Price: $6,400,000

Cap Rate
4.51%
Number of Units
11
GRM
15.89
Price/Unit
$581,818
Price/Gross SF
$1,076.72
Gross SF
5,944

Investment Highlights

  • Rare newly built luxury trophy asset with an irreplaceable coastal location in the heart of bayside Point Loma
  • Idyllic coastal location; less than 1-mile away from the Point Loma Marina, Humphrey's Concerts by the Bay and Liberty Station; only 2-miles to stunning Southern California shoreline
  • Mostly comprised of contemporary one- & two-bedroom townhomes ranging from 538-999 square feet with private rooftop decks, single car garages, and exceptional views
  • Luxury living amenities including designer kitchens, quarts countertops, oversized windows, in-unit washers and dryers, and extensive noise insulation for quiet living
  • Proximate to the Midway Rising Sports Arena Redevelopment project, only 2.3 miles from the re-energized midway district with 8,500 new jobs and $7 billion economic impact
  • Prime site orientation with an 82 Walk Score, and easy access to numerous dining and entertainment options, Interstates 5 & 8, Downtown San Diego (a Tier-1 employment center), San Diego Airport, and Little Italy
  • Potential to add additional studio units by converting single car garages into ADUs.

Investment Overview

Marcus & Millichap is pleased to present Liberty Row Apartments, a newly constructed 11-unit trophy asset in the Point Loma neighborhood, San Diego’s quintessential coastal destination. Built in 2024, with a perfect blend of luxurious design and seaside location, Liberty Row Apartments is a high-quality home base for residents to thrive. The unit mix is comprised of nine three-story townhomes with (8) one-bedroom / one-bath floorplans averaging 568 square-feet, (1) two-bedroom / two-bath floorplan with 999 square-feet, and two studios averaging 200 square-feet. One of the units, a one-bedroom floorplan is designated as Moderate Income. Each unit features oversized windows with plenty of sunlight, single car garages, designer kitchens with quartz countertops, stainless-steel energy star appliance packages, contemporary interior finishes, in-unit washers and dryers, and extensive insulation for comfortable and quiet living. Every unit offers a fourth story private rooftop deck with views of the glistening San Diego Bay, harbor, yacht clubs, the skyline of America’s finest city, and Coronado. The property also has the potential to add additional studio floor plans by converting additional garages into ADUs. Liberty Row Apartments is in the heart of bayside Point Loma, two blocks away from Americas Cup Harbor, less than one half-mile from Liberty Station, one block from Rosecrans Street, the major thoroughfare for the area, and a convenient 15-minute drive to downtown San Diego, a Tier-One employment center and the largest in the region. Residents enjoy quick access to all that the bay has to offer including access to private boat charters and yachting, world-class sportfishing, and a variety of unique retailers and restaurants. With its premium location capturing views, innovative design offering tenants privacy, and luxurious enhancements, Liberty Row Apartments provides investors with the rare opportunity to acquire an upscale coastal asset that is poised to capture rental premiums for generations.

Exclusively Listed By

Financing By

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