12430 Oak Knoll Rd - Apartments FOR SALE


Poway, CA 92064
$14,000,000 USD
339-222-3361
12430 Oak Knoll Rd, Poway, CA for Sale
$14,000,000 USD
Apartments - FOR SALE
1/56
null | 4.25% Cap Rate

12430 Oak Knoll Rd
Poway, CA 92064


HIGHLIGHTS

  • 95% 2 bedroom units
  • First time available for sale
  • Premier Poway location & renowned school district
  • Ample parking

OVERVIEW

The Westside Apartments offer a very strong unit mix predominantly composed of two-bedroom apartments. This makes it ideally suited for families and long-term renters seeking housing within the Poway Unified School District, which is consistently ranked among the best in California. Positioned within an established residential neighborhood, the apartment community benefits from strong renter demand driven by Poway’s reputation for quality schools and suburban livability. The property consists of fourteen (14) two-bedroom/one-bathroom units, twenty-four (24) two-bedroom/one-and-one-half-bathroom units, one (1) one-bedroom/one-bathroom unit, and one (1) studio unit. Additionally the proeprty is well parked and offers laundry on site. These practical layouts provide functional living spaces that appeal to a broad tenant base and support stable occupancy. Recent capital improvements include roof replacements, further enhancing long term durability and reducing near term maintainance exposure.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

40

PRICE/UNIT

$350,000

CAP RATE

4.25%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westside Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

RA

APN/PARCEL ID

317-540-44

ASK ABOUT THIS PROPERTY

Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

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Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.