3020 Macaulay

    San Diego, CA 92106
    • $2,280,000
    • STATUS: PENDING
    • ON SITE: 75 days
    • ID#: 190031897
    Pending
    UPDATED: 59 min ago
    $2,280,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Cushman & Wakefield is pleased to present the Macaulay Street Apartments, a 7 unit, turn-key apartment complex located in Point Loma, California. This coastal investment opportunity offers stable cash flow with a desirable unit mix of one and two bedroom units. The subject property is located less than 1,000 feet from San Diego Bay and is within short walking distance to all the shopping, restaurants, and other amenities that Liberty Station has to offer. Additionally, Harbor Island is located nearby, offering picnic areas, playgrounds, sailing and boating. It is a great residential neighborhood for kids and is only a few blocks away from Point Loma High School.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/95727192

    3020 Macaulay San Diego, CA 92106

    • Price: $2,280,000
    • Status: PENDING
    • Updated: 59 min ago
    • ID#: 190031897
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Point Loma (92106)
    County:
    San Diego
    Area:
    Point Loma (92106)
    Property Description
    Cushman & Wakefield is pleased to present the Macaulay Street Apartments, a 7 unit, turn-key apartment complex located in Point Loma, California. This coastal investment opportunity offers stable cash flow with a desirable unit mix of one and two bedroom units. The subject property is located less than 1,000 feet from San Diego Bay and is within short walking distance to all the shopping, restaurants, and other amenities that Liberty Station has to offer. Additionally, Harbor Island is located nearby, offering picnic areas, playgrounds, sailing and boating. It is a great residential neighborhood for kids and is only a few blocks away from Point Loma High School.
    Interior Features

    Sq Ft Of Improvement 4044

    Property Features

    Actual Cap Rate 4.2 Actual Gross Scheduled Income 158160 Actual Operating Expense 57842 Actual Vacancy And Credit Loss 4745 Assumable Finance 0 Complex Features Other/Remarks Gross Equity 0 Gross Multiplier 14.4 Have Property Mandatory Remarks None Known Market Area Coastal South Motive Want CashCash To New Loan Projected Cap Rate 4.6 Projected Gross Multiplier 13.6 Projected Gross Scheduled Inc 167460 Projected Net Income 103999 Projected Operating Expense 58379 Projected Vacancy And Credit Loss 5022

    Listing provided courtesy of Ray Adams Investment Re Inc. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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