Northmarq is pleased to present Valle at Fairway, a 68-unit value-add asset in La Mesa, a vibrant centrally located suburb of San Diego County.
With 54% of units (37 classic units) ready for renovation, and a proven value-add program capable of achieving an average rent premium of $370 (21% increase), Valle at Fairway presents investors with a compelling opportunity to unlock significant upside in a highly-desirable rental submarket.
Ideally positioned with convenient access to the CA-125 and CA-94 freeways, Valle at Fairway offers residents ideal connectivity to major employment centers and a wide range of neighborhood amenities—including retail, schools, and public transit. The property is just minutes from the 925,000 sq. ft. Grossmont Center and the bustling La Mesa Village, a walkable hub known for its eclectic mix of boutiques, restaurants, and the historic La Mesa Depot.