Portfolio sale of 11 income producing residential condos in Oceanside. Map and Owner state current Carlsbad school zone (Buyer to verify and confirm school boundaries). All units are either 3 or 2 BR's and are located within the same neighborhood of Seabreeze and Tiberon HOA's--a desirable rental location with easy access to S-78 and I-5. Most tenants have been stable and very long term--which is why current rents under market giving a buyer a significant upside opportunity. All units have fairly uniform appearance as HOA's standardize maintenance and upkeep. The average condo size is above 1,100sf which is superior to most apartment communities. CAP rate of 3.2% on current income. See Documents section. For additional information call 2nd agent, Peter Sidoruk at (949) 274-6967. Drive by only. Do not disturb tenants. Showing with accepted offer.
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Listing information last updated on October 16th, 2019 at 9:32am PDT.