5142 Manchester Rd - Apartments FOR SALE


San Diego, CA 92115- College East
$4,045,000 USD
858-336-9688
5142 Manchester Rd, San Diego, CA for Sale
$4,045,000 USD
Apartments - FOR SALE
1/67
null | 4.72% Cap Rate

5142 Manchester Rd
San Diego, CA 92115
College East


OVERVIEW

Presenting a rare investment opportunity with this newly constructed 8-unit property located in close proximity to San Diego State University (SDSU). Each unit features in-unit washers and dryers & property is equipped with solar panels. Designed with a focus on functionality, quality, and market appeal, this asset is primed to deliver strong rental performance in a high-demand area. Strong rental income potential with units commanding market-level rents. High demand from a diverse tenant pool, including students, faculty, and professionals seeking proximity to SDSU and surrounding amenities. A turnkey investment opportunity with no deferred maintenance and modern construction standards designed for longevity. This property represents a solid addition to any portfolio, offering immediate income generation and the potential for long-term appreciation in a highly desirable market. Don’t miss the chance to secure a high-performing asset in one of San Diego’s most sought-after rental markets.

FOR SALE DETAILS

PRICE

$4,045,000 USD

PRICE/SF

$688 USD /SF

# OF UNITS

8

PRICE/UNIT

$505,625

CAP RATE

4.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

468-111-02

ASK ABOUT THIS PROPERTY

Jason LeeNara AdvisorsMore Info
858-336-9688

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Jason LeeNara AdvisorsMore Info
858-336-9688

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