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$22,000,000

Est. payment - /mo

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343 Autumn San Marcos, CA 92069

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

10/08/2024 08:04 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240020535

Acres 2.24

Property Description

CALL FOR OFFERS on Thursday, October 10th! We are proud to present the opportunity to acquire Mission View Apartments, a 57-unit apartment community in San Marcos, California. Built in 1988, the subject is a well-maintained, garden-style community with 57 apartment homes. Mission View Apartments consists entirely of two-bedroom floor plans (except one 1bd/1.5ba) with community amenities including common laundry facilities and a leasing office. The property has abundant on-site parking with 127 total spaces including 57 carport spaces. Mission View Apartments offers very attractive assumable financing. The property comes with an assumable Fannie Mae interest-only loan at a fixed rate of 4.89% until July 2032. Given that current interest rates are significantly higher, this financing option allows a buyer to improve their cash-on-cash return both in the short term and long term. To download the OM or get access to due diligence information, please visit www.missionviewapts.com

Location

State CA

County San Diego

Area San Marcos (92069)

Exterior

Total Parking Spaces 127

Building

Story 2

Others

Space Rent $1,471,692

Listed by Eric D Comer • Eric D. Comer, Broker

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

343 Autumn San Marcos, CA 92069

Richard Combs

Key Details

Location

Exterior

Building

Others

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343 Autumn