Substantial Revenue Upside: Realize a projected 62% rental upside as current in-place rents ($1,231/mo) transition to market rates ($1,995/mo) in a high-demand submarket.
Exceptional Stabilized Yield: Achieves an 8.4% CAP Rate and 9.4% Cash on Cash Return on market/proforma rents, delivering strong long-term cash flow potential.
Prime Location & Park Proximity: Located on a major thoroughfare adjacent to Gerardo Mouet Park, which features basketball courts, a skate park, playgrounds, and exercise areas.
Motivated Seller & Value-Add Potential: Long-term owner retiring from active management. Highly motivated and realistic Seller creating an excellent opportunity for a well positioned Buyer.
Capital Improvements: Many needed capital improvements completed reducing the need for the Buyer to infuse additional capital.
For further details, please contact:
Garrett Blair
Associate | CalBRE# 02026908
+1 (949) 566 - 8405 |+1 (949) 300 - 5610 |
Rick Applebaum
Vice President | CalBRE# 01273871
+1 (949) 432 - 6954 |+1 (949) 500 - 5099 |
Learn More About This Property
Fill out the form to receive more information about this property.
close
Sign up to view full details!
Sign up to view full property details and receive exclusive updates on our existing and future inventory