2777 Nimitz Blvd - Apartments FOR SALE


San Diego, CA 92106- Roseville-Fleet Ridge
$16,700,000 USD
619-218-5817
2777 Nimitz Blvd, San Diego, CA for Sale
$16,700,000 USD
Apartments - FOR SALE
1/14
null | 4.21% Cap Rate

2777 Nimitz Blvd
San Diego, CA 92106
Roseville-Fleet Ridge


OVERVIEW

The property was built in 1961 and recently underwent a significant renovation in 2022. Exterior improvements include new roofs, new stucco, new railings, new waterproofing of all decks, new double pane windows and security cameras throughout common areas and street. Mechanical improvements include 100% replacement of plumbing, both waste and supply from meters, electrical from meters, all underground gas lines from meters to buildings, fire alarm system to 3 story building (alarm only) and low voltage wiring from street, including coax, telephone and fiber. Interior improvements include new appliances, quartz countertops, new solid wood shaker cabinetry, recessed lighting, ceiling fans and high-end flooring. The on-site laundry room has also been updated with new machines with smart phone payment capabilities.

FOR SALE DETAILS

PRICE

$16,700,000 USD

PRICE/SF

$793 USD /SF

# OF UNITS

35

PRICE/UNIT

$477,143

CAP RATE

4.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Point Loma Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-1, San Diego

APN/PARCEL ID

530-763-01

ASK ABOUT THIS PROPERTY

Jordan WilliamsDMJ Realty PartnersMore Info
619-218-5817

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

Jordan WilliamsDMJ Realty PartnersMore Info
619-218-5817

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