The Trenton Arms Apartments

Highlights:

• - 12,896 SF low-rise/garden building
• - 29 units for multifamily investment
• - Built in 1925, renovated in 2021
• - Zoned Commercial for versatile use
• - Prime location in Escondido, CA
• - Strong 100% occupancy rate
• - Blend of historic charm and modern comforts
• - Lucrative investment opportunity
• - Well-maintained and updated property
• - Immediate returns with solid rental market

Description:

ACRE is proud to introduce the Trentom Arms. This 29-unit multi-family property, built in 1925 and renovated in 2021, is located in the Escondido Downtown Specific Plan area, offering a unique blend of historic charm and modern comforts.
The property features 17 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 11 studios.
The building features a new roof, plumbing, and electrical systems, ensuring functionality and appeal. Units within the property are submetered for electricity. RUBs (Ratio Utility Billing System) have been implemented for electricity, gas, water, and sewer, promoting efficient utility management.
With a strong 100% occupancy rate, this property not only stands as a testament to its desirability but also presents a value-add investment opportunity through potential rent increases. It's an ideal choice for investors looking for a property that combines historical significance with contemporary living standards.

Located in the vibrant city of Escondido, CA, the area surrounding the property is a thriving hub for businesses and commercial activity. With its close proximity to the historic downtown district, investors will find an array of local amenities, including charming shops, diverse dining options, and cultural attractions such as the California Center for the Arts and Grape Day Park. The location also benefits from easy access to major transportation routes and a strong local workforce, making it a prime opportunity for office or office building investment. Embrace the dynamic energy of Escondido and discover the potential this area holds for your commercial real estate endeavors.