3590 Arey Drive 30 (S/L Level Town Homes See List), Otay Mesa, CA 92154

$9,295,000
List Price
$9,295,000
Days on Market
205
Status
ACTIVE
MLS#
190005465
Lot Size(apprx.)
6
City
Otay Mesa
Property Type
Multifamily

Property Description

Great Investment Opportunity Bulk Sale. 30 Single level (S/L) Town Homes. all are 3 bedroom investor owned and have Ocean Views (some units) and breezes. Washer dryer connections in the units. Units are rented below the market rents ($2,100). Value added deal Potential for upside selling off individual units. Potential 5% cap with upside on value. Income potential is $756,000. Units sold at $350,000 at the peak. See attachment for list of units and floor plans.

Additional Information

Construction
Stucco, Other/Remarks
Cooling
Other
Gross Scheduled Income Actual
30
Gross Scheduled Income Project
756000
Lot Size
6
Roof
Composition
Stories
1 Story
Style
Com-Res Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Wolf Real Estate Group

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