9505 Meadow Mesa Dr - Residential Income FOR SALE


Escondido, CA 92026- Hidden Meadows
$2,249,000 USD
605-228-6402
9505 Meadow Mesa Dr, Escondido, CA for Sale
$2,249,000 USD
Residential Income - FOR SALE
1/16
null | 7.41% Cap Rate

9505 Meadow Mesa Dr
Escondido, CA 92026
Hidden Meadows


HIGHLIGHTS

  • Turnkey, Income Producing Asset
  • Lender-Validated Valuation at Asking Price
  • Tax-Advantaged Investment (Bonus Depreciation Potential)

OVERVIEW

*Turnkey, Income-Producing Asset *Lender-Validated Valuation above the Asking Price *Fully Renovated in 2024 *Current cap rate at 7.4% represents a 2.7% higher yield compared to local multifamily sales and a 2.3% higher yield compared to local commercial sales *High-Growth San Diego Submarket *Tax-Advantaged Investment (Bonus Depreciation Potential) *Proven Short-Term Rental Performance *Compelling Yield with Upside *Residential Income*

FOR SALE DETAILS

PRICE

$2,249,000 USD

PRICE/SF

$476 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sky Candy

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

4.14 AC

LAND SF

180,351 SF

ZONING

-

APN/PARCEL ID

185-400-03

ASK ABOUT THIS PROPERTY

Ryan ClarkKW CommercialMore Info
605-228-6402

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Ryan ClarkKW CommercialMore Info
605-228-6402

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