Multifamily Investment Opportunity
$3,200,000
4344 Van Dyke Avenue, San Diego, CA 92105
5.25
Cap Rate
121,899.22
NOI
Details:
Description:
Commercial Asset Advisors is pleased to present this opportunity to acquire a 9-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, five (5) one-bedroom/one-bath units plus one (1) studio ADU.
The two-story structure features a wood-frame, stucco exterior and a flat roof. New ownership has the potential to increase the rents for a value-add opportunity.
Ownership recently finished a new ADU Studio with an estimated rent of $1,650 + RUBS.
Finishes include:
• Stainless steel appliances
• Mini split HVAC
• Upgraded shaker cabinets
• Quartzite counter tops
• Light oak LVP flooring
• Washer and Dryer Hookups
Documents:
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Location
Gallery
