7205 Amherst St - Apartments FOR SALE


La Mesa, CA 91942
$1,675,000 USD
619-226-6011
7205 Amherst St, La Mesa, CA for Sale
$1,675,000 USD
Apartments - FOR SALE
1/27
null | 5.43% Cap Rate

7205 Amherst St
La Mesa, CA 91942


HIGHLIGHTS

  • ALL BRAND NEW CONSTRUCTION
  • ALL UNITS 2bed/2bath
  • In-Unit Laundry Hookups - ALL UNITS
  • Owner Occupant Buyers Welcome VA / FHA approved
  • Easy to Self Manage.

OVERVIEW

We are extremely proud to present 7201 Amherst Street, an absolute ‘turn-key’ low-maintenance investment property professional built in 2023-2024. Immediately notice the designer touch throughout these four (4), two-bedroom two-bathroom units...( Two of which are free standing homes ) These are not your average rentals … All aspects of this property were thoughtfully curated to attract the best and brightest of tenants while keeping operating costs at a minimum. For example, the coastal inspired drought tolerant landscaping keeps curb appeal high, and water costs Low. Walk into open concept living and heigh ceilings, with light bright hardwood flowing into custom built kitchens well-appointed with wood flat panel cabinetry, black quartz countertops, and stainless-steel appliance packages. These two-bedroom models include a primary bedroom and on-suite bathroom, custom built vanities and floor to ceiling tiled walk-in showers. Individually metered for gas and electric, all units come with wash and dryer hook ups. Tenants come for the high end finishes, but they stay for the in-unit laundry....

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$623 USD /SF

# OF UNITS

4

PRICE/UNIT

$418,750

CAP RATE

5.43%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R2

APN/PARCEL ID

469-192-04

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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