Extremely well-located, value-add complex in Carlsbad Village. Priced at a 4.22% CAP on actuals with 24% upside in rents, The Breeze Apartments consists of ten (10) 1Bedroom / 1Bathroom single-level apartment homes and sits on a 9,145 sf parcel. Property amenities include a common lounge/BBQ area, laundry facility, and eleven (11) off-street surface parking spots. The property offers an investor upside in rents (5.60% Proforma CAP) in one of San Diego’s most sought after Coastal North County Markets. Located West of I-5, the property is a few blocks to the Carlsbad Village Shops and Restaurants, and walking distance from the sand.
MLS# | 240013825SD |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Days On Site | 118 |
Listing Provided By | Apartment Realty Group (ARG) 619-222-9500 | Angelo La Bruna |
Units | 10 |
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Building(s) | 1 |
State | CA |
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County | San Diego |
City | Carlsbad |
Zip Code | 92008 |
Area | 92008 Carlsbad |
Listing VS Median (in 92008) | |
Price: $4,250,000 low | high Med: $1,399,900 On Site: 118 low | high Med: 30.000000 |