1227 Coolidge Ave - Apartments FOR SALE


National City, CA 91950
$2,800,000 USD
858-461-9910
1227 Coolidge Ave, National City, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/23
null | 5.4% Cap Rate

1227 Coolidge Ave
National City, CA 91950


HIGHLIGHTS

  • Fully Renovated and Turn Key
  • 5.40% Cap Rate and 12.25 GRM on Current Income
  • ADU Potential w/ Conversion of Storage/Laundry
  • Corner Lot on Large 8,455 sq. ft. lot

OVERVIEW

Apartment Realty Group is pleased to present 1227 Coolidge Avenue in National City; a fully renovated turn key building that has great current cash flow.. The subject property is situated on a 8,455 square foot lot and is comprised of ten (10), 1BR/1BT units totaling approximately 4,928 rentable square feet. Tenants also enjoy a large courtyard in front with on-site laundry facilities.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$568 USD /SF

# OF UNITS

10

PRICE/UNIT

$280,000

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coolidge Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

ML, National City

APN/PARCEL ID

560-011-04

ASK ABOUT THIS PROPERTY

858-461-9910

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

858-461-9910

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