We are pleased to present the Milbrae Apartments, a fully renovated 8 unit apartment building located in Logan Heights. The subject property is situated on a large 6,593 square foot lot and is comprised of eight 2-bedroom/1-bath units totaling approximately 5,882 square feet. A 5.75% Current Cap Rate with 15% upside in rents allows for a fast and achievable 7% Pro Forma Cap Rate. In addition, the property has on-site laundry. The Milbrae St apartments is an opportunity for an owner to obtain a property with an excellent unit mix that cash flows strongly with upside through rent increases. In addition, this property sits in a historically low vacancy area that is close to major freeways, transportation, employment, and is minutes from Downtown San Diego.