Pacific Beach 8 Unit Apartment Building
Recently Closed
$2,780,000
Description
- 8 Unit Apartment Building
- Sold for $347,600 Per Unit All 2 Bedroom / 1 Bath Units
- Year 1 CAP Rate 3.21%
- Year 2 CAP Rate of 6.05%
- Rare 10 Onsite (8 Covered) Parking Spaces
- First Time on the Market in Decades
- Received Multiple Competing Offers within Hours of Marketing
- Market Time of 20 Days
- The Franco Realty Group Represented the Buyer and the Seller