Institutional Property Advisors is pleased to present Estancia Apartment Homes, a 100-unit multifamily opportunity located in Escondido, California which presents a unique opportunity to acquire a well-maintained garden-style community in one of north county San Diego's fastest-growing rental markets.
Built in 1972, Estancia Apartments is a two-story community featuring spacious two- and three-bedroom floorplans averaging 1,015 SF. The property is located in central Escondido, a well-established residential neighborhood known for its convenient access to shopping, dining, and everyday amenities. With proximity to major transportation corridors including Interstate 15 and Highway 78, the property provides strong connectivity to surrounding employment centers and regional destinations throughout North County San Diego. Community amenities include a resort-style swimming pool/spa, a recreation room with pool/ping pong table, lounge area with TV, controlled access with covered and assigned parking, as well as on-site laundry facilities. Interior unit features include full-sized appliance packages with range/oven and hood, refrigerator, dishwasher, spacious cabinetry with pantry storage, granite-like countertops in select units, ceiling fans in dining areas, oversized closets, white horizontal blinds, vinyl plank flooring and carpet in select units. Units are further enhanced by central air conditioning and heating, with private outdoor spaces including patios, balconies, and fenced yard areas in select layouts.
Estancia Apartment Homes is centrally located near Downtown Escondido, a vibrant district offering a mix of restaurants, boutique retail, entertainment venues, and cultural attractions. Escondido is one of North County San Diego’s largest and fastest-growing cities and serves as a key node along the highly sought after Highway 78 corridor, providing direct access to over 292,700 jobs and the region’s primary employment centers and business hubs. Situated in San Diego’s North County, the submarket has seen limited availability of multifamily assets of this size, making Estancia Apartment Homes a rare investment opportunity in a supply-constrained market.
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