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Listing 4 out of 141
$2,280,000 Pending

3020 Macaulay
San Diego, CA 92106

7 units | Multi Family 5+ - MLS# 190031897
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Description

Cushman & Wakefield is pleased to present the Macaulay Street Apartments, a 7 unit, turn-key apartment complex located in Point Loma, California. This coastal investment opportunity offers stable cash flow with a desirable unit mix of one and two bedroom units. The subject property is located less than 1,000 feet from San Diego Bay and is within short walking distance to all the shopping, restaurants, and other amenities that Liberty Station has to offer. Additionally, Harbor Island is located nearby, offering picnic areas, playgrounds, sailing and boating. It is a great residential neighborhood for kids and is only a few blocks away from Point Loma High School.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Pending
  • County/Area: San Diego County
  • Zip Code: 92106
  • Units: 7 units
  • Actual Gross Schd Income: 158160
  • Actual Operating Expense: 57842
  • Cap Rate Actual: 4.2
  • Cap Rate Projected: 4.6
  • Listing Area: POINT LOMA (92106)
  • Proj Gross Multiplier: 13.6
  • Proj Operating Expense: 58379
  • Proj Vacancy & Credit Los: 5022
  • Proj. Gross Sched. Income: 167460
  • Projected Net Income: 103999
  • SqFt of Improvement: 4044
Courtesy of Ray Adams Investment RE Inc

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Krystal Lane

Krystal Lane
SDHomes Enterprises
San Diego, CA 92104

858-382-5793
Contact Me

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Krystal Lane | CA DRE# 01918284 | 858-382-5793 | Contact Me
2358 University Ave #33 - San Diego, CA 92104
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