4999 Sterling Ct - Apartments FOR SALE


San Diego, CA 92105- Chollas Creek
$5,000,000 USD
858-284-0371
4999 Sterling Ct, San Diego, CA for Sale
$5,000,000 USD
Apartments - FOR SALE
1/17
null | 5.5% Cap Rate

4999 Sterling Ct
San Diego, CA 92105
Chollas Creek


HIGHLIGHTS

  • Fully turn-key 18-unit apartment community situated in the heart of San Diego
  • Gated community providing a secure and peaceful living environment
  • Prime corner lot with no adjoining parcels, maximizing privacy
  • Fully Remodeled, New Systems including main , sub panels, plumbing, dual pane vinyl widows, all electric appliances, quartz countertops, cabinets.
  • Unused Storage spaces on site IDEAL FOR ADU BUILDOUT for your Value Add Component

OVERVIEW

BridgePoint Realty, Inc. proudly presents: Sterling Terrace, a fully turn-key 18-unit apartment community situated in the heart of San Diego. This asset is securely gated and geographically protected at the end of a long street with mostly single family homes boasting pride of ownership. Also, this central SD location offers its residents easy access to Downtown, arterial freeways, and major employment hubs - making it an ideal choice for young professionals and small family's alike. There are potentially easy value-add opportunities possible in converting multiple unused spaces / storage units into ADUS for additional income. PROPERTY HIGHLIGHTS: - Turn Key units , ALL fully gutted and remodeled with modern amenities and tenant friendly fixtures. - Prime Cul-De-sac / corner lot with no adjoining parcels, maximizing privacy - Gated community providing a secure and peaceful living environment - Nestled within the Chollas Creek Community, offering a balance of convenience and tranquility

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

18

PRICE/UNIT

$277,778

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sterling Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

C-6, San Diego

APN/PARCEL ID

471-810-11

ASK ABOUT THIS PROPERTY

Abe PeayBridgePoint Realty, INCMore Info
858-284-0371

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Abe PeayBridgePoint Realty, INCMore Info
858-284-0371

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