5270 72 Manhasset Dr, Talmadge/San Diego Central, CA 92115

$1,950,000

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Listing courtesy of Listing Agent: Alexio Barbara (barbara@bridgepointmultifamily.com) from Listing Office: Bridgepoint Realty Inc.

List Price
$1,950,000
Status
Active
MLS#
260018509SD
Year Built
2021
Days on Market
1
Property Type
Multifamily
Property Type
Multifamily
Stories
Two Levels

Property Description

Turn Key 2021 Renovation/construction student rental property leased through August 1st 2027 for $12,900 per month at a 5.6% Cap rate WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 5bed/2ba, ADU in back is a 4bed/2ba. All market rate no deed restrictions! Prime location short walk to the SDSU campus and Aquaplex & fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. 3 off street parking spots plus 8 street parking permits (4 per address). In unit washer dryers

Additional Information

Cooling
Yes
Terms
Conventional

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.