3366 Roosevelt St - Apartments FOR SALE


Carlsbad, CA 92008
$4,250,000 USD
858-247-1095
3366 Roosevelt St, Carlsbad, CA for Sale
$4,250,000 USD
Apartments - FOR SALE
1/10
null | 4.22% Cap Rate

3366 Roosevelt St
Carlsbad, CA 92008


HIGHLIGHTS

  • Fantastic Carlsbad Village Location
  • 4.22% CAP on actuals w/ 24% Upside in Rent (5.60% on Proforma)
  • Coastal Legacy Asset with Low Maintenance
  • Onsite Laundry, Common Lounge/BBQ Area, & (11) Off-Street Parking Spots
  • A Few Blocks to the Carlsbad Village Shops & Restaurants
  • Walking Distance to the Sand

OVERVIEW

Extremely well-located, value-add complex in Carlsbad Village. Priced at a 4.22% CAP on actuals with 24% upside in rents, The Breeze Apartments consists of ten (10) 1Bedroom / 1Bathroom single-level apartment homes and sits on a 9,145 sf parcel. Property amenities include a common lounge/BBQ area, laundry facility, and eleven (11) off-street surface parking spots. The property offers an investor upside in rents (5.60% Proforma CAP) in one of San Diego’s most sought after Coastal North County Markets. Located West of I-5, the property is a few blocks to the Carlsbad Village Shops and Restaurants, and walking distance from the sand.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$860 USD /SF

# OF UNITS

10

PRICE/UNIT

$425,000

CAP RATE

4.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Breeze Apartments - Carlsbad Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

VB

APN/PARCEL ID

204-092-24

ASK ABOUT THIS PROPERTY

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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