206-222 Park Blvd - Apartments CONDO FOR SALE


San Diego, CA 92101- East Village
$13,500,000 USD
619-851-0288
206-222 Park Blvd, San Diego, CA for Sale
$13,500,000 USD
Apartments CONDO - FOR SALE
1/1
null | 6.96% Cap Rate

206-222 Park Blvd
San Diego, CA 92101
East Village


HIGHLIGHTS

  • Located in the heart of Downtown’s East Village, directly adjacent to Petco Park
  • Tenant mix includes a mix of strong national and regional credit tenants along with a few local companies
  • 222 Park Blvd features a separate condo (7-Eleven) - Buyer has the ability to renew lease and sell individual condo at a premium
  • 5,300+ residential units within 0.25 mi and adjacent to Tailgate Park redevelopment (1.35 million SF)
  • Over 9,000 vehicles pass the site daily, and 3.4M+ annual attendees to Petco Park home games
  • Game changers for Downtown include Campus at Horton and RaDD, bringing over 8,000 jobs

OVERVIEW

Park Terrace is a rare investment opportunity in Downtown San Diego, directly adjacent to Petco Park. As demand for urban living continues to grow, the property is well-positioned to benefit from the city’s ongoing redevelopment and the unmatched live/work/play lifestyle of the urban core.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

6.96%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Terrace

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

536,223 SF

STORIES

14

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

CCPD-BP

APN/PARCEL ID

535-362-23-30

ASK ABOUT THIS PROPERTY

Bill ShraderUrban Property Group Inc.(UPG)More Info
619-851-0288

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Bill ShraderUrban Property Group Inc.(UPG)More Info
619-851-0288

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