5015 Comanche Dr - Apartments FOR SALE


La Mesa, CA 91942
$4,500,000 USD
619-784-1031
5015 Comanche Dr, La Mesa, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/9
null | 4.5% Cap Rate

5015 Comanche Dr
La Mesa, CA 91942


HIGHLIGHTS

  • Located in One of San Diego’s Strongest Rental Markets ~ La Mesa
  • Twelve (12) Cottage Style Apartment Homes (10 Buildings)
  • All 3Bedroom Units Each w/ Private Yard, Off-Street Parking, & Washer/Dryer
  • Value Add Opportunity on a Large 41,817sf Lot
  • Extremely Rare and Unique Asset
  • North of El Cajon Blvd Near Shops, Restaurants, and Local Services with Close Proximity to I-8

OVERVIEW

Located North of El Cajon Blvd in one of San Diego’s strongest rental markets, this unique 12-Unit multifamily community consists of ten (10) separate structures on a large 41,817sf lot. The Cottages on Comanche are twelve (12) 3Bedroom / 1 Bathroom units each with their own private yard, off-street parking, and washer/dryer. The detached cottage style homes and 37% upside in rental income make this value-add opportunity extremely rare. With proximity to shops, restaurants, local services, and I-8, you won’t want to miss the chance to acquire this incredible community.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$386 USD /SF

# OF UNITS

12

PRICE/UNIT

$375,000

CAP RATE

4.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Cottage Style Apartment Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

R3

APN/PARCEL ID

470-091-32

ASK ABOUT THIS PROPERTY

James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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