858-248-1222
242 Kennedy St, Chula Vista, CA for Sale
Apartments - FOR SALE
1/12
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242 Kennedy St
Chula Vista, CA 91911
Castle Park


HIGHLIGHTS

  • 21 Large Townhome Units with Attached Garages
  • Existing Condo Map - Prime Condo Sale-Out Opportunity
  • 2005 Construction
  • Unit Mix with Large Two & Three Bedrooms
  • Excellent Location Near Major Amenities & Schools
  • Strong In-Place Income w/ Upside

OVERVIEW

CBRE is pleased to present for sale the Tuscany Townhomes (“The Property”), a 21-unit residential asset situated in South San Diego County’s highly competitive Chula Vista submarket. Built in 2005, The Property consists of large two- and three-bedroom townhomes ranging in size from 1,100 SF to 1,482 SF all with individual Assessor’s Parcel Numbers. Currently operated as rentals but with an active condo map, the property provides a new investor with a prime condo sale opportunity. The Tuscany Townhomes were originally built as condominiums with a Spanish architectural flavor, and all maintain the high-quality construction and amenities of a condo building such as attached one and two car garages, in-unit laundry, individual utility meters, large family style floor plans, private yards and patios, communal BBQ area and gated secure access. The Property consists of seven (7) two-bedroom two-and-a-half bathroom units with attached single car garages, seven (7) three-bedroom two bathroom units with attached single car garages, and seven (7) three-bedroom two-and-a-half bathroom units with attached two car garages. The Tuscany Townhomes provides a rare opportunity for a condo sale-out in a market where quality for-sale townhomes are in short supply.

FOR SALE DETAILS

PRICE

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# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tuscany Town Homes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

R-4

APN/PARCEL ID

619-221-42-01,619-221-42-02,619-221-42-03,619-221-42-04,619-221-42-05,619-221-42-06,619-221-42-07,619-221-42-08,619-221-42-09,619-221-42-10,619-221-42-11,619-221-42-12,619-221-42-13,619-221-42-14,619-221-42-15,619-221-42-16,619-221-42-17,619-221-42-18,619-221-42-19,619-221-42-20,619-221-42-21

ASK ABOUT THIS PROPERTY

Nate PepperCBREMore Info
858-248-1222

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Nate PepperCBREMore Info
858-248-1222

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