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$ 18,000,000
Est. payment | /mo
0.55 Acres Lot
$ 18,000,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250042641SD
HOA Y/N No
Lot Size 0.552 Acres
Property Sub-Type Mixed Use
Property Description
The Indiana is a rare opportunity to have long term positive leverage for class A product and Class A location. Offered in conjunction with this asset is an Assumable HUD Loan fixed at 2.5% through 2057! Built to keep, The Indiana is a 23 Unit complex located in San Diego's Hillcrest neighborhood. The property features a unit mix of oversized 1- & 2-bedrooms in the form of cottages and townhomes. The interior amenities include but are not limited to: wood flooring, cabinetry, counters, fixtures and appliances as well as in-unit Washer/Dryers. Many of the units have sizable balconies. The ultra high end construction and interior finishes will ensure low maintenance/management for the long term. Hillcrest is one of the strongest rental markets in San Diego County with very little vacancy and continued rental growth projected.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Interior
Heating Forced Air
Fireplace No
Exterior
Total Parking Spaces 28
Others
Tax ID 4523621000
Listed by Brendan Flynn South Coast Commercial, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "