1470 S Santa Fe Ave - Apartments FOR SALE


Vista, CA 92084
$32,000,000 USD
760-518-6552
1470 S Santa Fe Ave, Vista, CA for Sale
$32,000,000 USD
Apartments - FOR SALE
1/30
null | 4.03% Cap Rate

1470 S Santa Fe Ave
Vista, CA 92084


HIGHLIGHTS

  • Ideal Unit Mix of 45 2bed/2.5 bath Townhome style Units
  • Each Unit has attached 2 car garage
  • 0.70 acre adjacent parcel of land included with sale (potential for 8 additional units)
  • Potential conversion of existing 2 bedroom units to 3 bedrooms (ask agent for details)
  • Washer/Dryer in each Unit

OVERVIEW

Welcome to our premier commercial residential income property, featuring 45 newly built units completed in 2022. These spacious townhomes offer contemporary living with a bright and airy great room style on the first floor, showcasing modern kitchens, luxurious hard surface flooring, and expansive living areas. Upstairs, residents will find two bedrooms, including a primary suite boasting a large dual walk-in closet and private bathroom. Each townhome comes equipped with a two-car garage and essential appliances such as a refrigerator, stove, dishwasher, microwave, washer/dryer, and central air conditioning. ****Additionally, this property presents a unique opportunity with an adjacent lot (.7 Acre) included in the transaction, offering potential for expansion with up to 8 additional units and/or parking availability necessary to convert existing 2 bedroom units into 3 bedroom units.

FOR SALE DETAILS

PRICE

$32,000,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

45

PRICE/UNIT

$711,111

CAP RATE

4.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Santa Fe Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.91 AC

LAND SF

170,320 SF

ZONING

-

APN/PARCEL ID

180-192-69-00,180-210-57-00

ASK ABOUT THIS PROPERTY

Nick KaneColdwell Banker Commercial-WestMore Info
760-518-6552

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Nick KaneColdwell Banker Commercial-WestMore Info
760-518-6552

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