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Multifamily

Grand Manor

2295 Grand Ave, San Diego, CA 92109

Listing Price: $4,650,000

Cap Rate
2.62%
Number of Units
12
GRM
21.95
Occupancy
97.0%
Price/Unit
$387,500
Price/Gross SF
$788.14
Gross SF
5,900

Investment Overview

We are thrilled to present a lucrative value-add investment opportunity in the heart of Pacific Beach, San Diego. This 12-unit apartment building, with a unit mix of four studios and eight one-bedrooms, offers investors the chance to enhance property value through strategic improvements and capitalize on the high-demand rental market in this coveted coastal community.

Investment Highlights

  • Positioned in the heart of Pacific Beach, the property benefits from proximity to the beach, popular dining destinations, and vibrant entertainment options, ensuring sustained tenant demand.
  • Investors can unlock additional value by implementing targeted renovations and upgrades to enhance the overall appeal of the property, attracting higher-paying tenants and maximizing rental income.
  • With the potential for increased rental income and property appreciation, this value- add opportunity positions investors for long-term financial success.

Exclusively Listed By

Financing By

Multifamily

Grand Manor

Listing Price: $4,650,000

Cap Rate
2.62%
Number of Units
12
GRM
21.95
Occupancy
97.0%
Price/Unit
$387,500
Price/Gross SF
$788.14
Gross SF
5,900

Investment Highlights

  • Positioned in the heart of Pacific Beach, the property benefits from proximity to the beach, popular dining destinations, and vibrant entertainment options, ensuring sustained tenant demand.
  • Investors can unlock additional value by implementing targeted renovations and upgrades to enhance the overall appeal of the property, attracting higher-paying tenants and maximizing rental income.
  • With the potential for increased rental income and property appreciation, this value- add opportunity positions investors for long-term financial success.

Investment Overview

We are thrilled to present a lucrative value-add investment opportunity in the heart of Pacific Beach, San Diego. This 12-unit apartment building, with a unit mix of four studios and eight one-bedrooms, offers investors the chance to enhance property value through strategic improvements and capitalize on the high-demand rental market in this coveted coastal community.

Exclusively Listed By

Financing By

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