Located in a prime spot in Ocean Beach, the Niagara Court Apartments provide an investor the unique opportunity to acquire a one-of-a-kind property in the beach area. This 10 unit apartment property is unlike any other because of the lot size, the added garage space, and large greenbelt you won’t find in any other property.
This property includes 2 x 7280 sqft parcels, 8 car garage spaces plus storage, onsite laundry and more. There are 2 – 3 Bedroom/1 Bath units, 8 – 1 Bedroom 1 Bath units. All but 2 units have been renovated to current modern finishes while honoring the traditional beach style construction prevalent throughout Ocean Beach.
With significant upside in rental income, this property is perfect for a buyer looking to add a premium coastal multi-family asset in a one-of-a-kind location to your portfolio.