Berkadia is pleased to present the opportunity to acquire The Jackson, a truly distinctive mixed-use asset located in San Diego’s dynamic North Park neighborhood. The Property offers highly attractive $8.5M assumable financing at 2.75% fixed, with an outstanding balance of $7.52M, maturing June 2031. Completed in 2019, The Jackson consists of 31 apartment homes, five refurbished cottages, and 5,450 square feet of thoughtfully designed retail space. The Property features state-of-the-art construction, condo-quality interiors, and unique modern floor plans enhanced by expansive windows, private patios, and high-end finishes throughout. The Jackson offers residents an exceptional lifestyle experience in one of San Diego’s most sought-after neighborhoods. North Park is widely recognized for its vibrant energy and thriving nightlife, with an eclectic mix of local coffee shops, breweries, tasting rooms, and acclaimed dining destinations. Residents also benefit from outstanding connectivity to the greater San Diego area via convenient access to Interstate 5, Interstate 8, and State Route 163. The Jackson presents an attractive value-add opportunity. The property currently features 5,450 sq. ft. of vacant shell-condition commercial space (3,640 sq. ft. on the ground floor and 1,810 sq. ft. on the second floor). Berkadia recommends repurposing the 1,810 sq. ft. of retail space on the second floor to three residential loft units averaging 603 sq. ft. and leasing the vacant 3,640 sq. ft. on the ground floor to commercial tenants. Positioned along 30th Street in the heart of North Park, The Jackson offers a highly walkable urban living environment with a 98 Walk Score, making it a "Walker's Paradise". Residents benefit from living in one of San Diego’s most dynamic neighborhood corridors, with more than 100 restaurants, cafes, and bars concentrated along 30th Street and University Avenue. The Property lies directly across the street from Vons, further enhancing daily convenience and The Jackson’s access to North Park’s diverse mix of dining, retail, entertainment, and neighborhood amenities.