Price Reduced. Sellers will entertain all reasonable offers. Assumable 2.5% Loan fixed for 35 years! Brand New Construction, The Indiana is a 23 Unit Apartment Building Located in San Diego's (92103 Zip Code) Hillcrest/North Park Subdivision. Diverse Unit Mix of Cottages, Townhomes, 1 & 2 BR Units. Average unit size is greater than 800 Sq Ft. Most units have balconies. High end interior amenities including wood flooring, high end cabinetry, counters, fixtures and appliances as well as in unit Washer/Dryers. Rents are stabilized but there should be an additional 4-5% immediate upside. Hillcrest is one of the strongest rental markets in San Diego County with very little vacancy and continued rental growth projected. This is for the investor looking for one of the nicest properties in Mid-City San Diego and with the high end construction this should prove to be a low maintenance long term property that will be easy to manage and maintain. Current Loan Balance can be assumed at $8,090,000 fixed till January 2057. P&I Payment is $30,471/month. The original existing 2 cottages have been completely remodeled and are currently benefiting from Property Tax Savings as they qualify for The Mills Act.