Off-Market San Diego Apt Portfolio
I would like to work directly with principals. Unfortunately no brokers or intermediaries unless they are directly introduced. I am direct to the sellers of 26 multi-family assets in San Diego County in areas such as Mission Beach, North Park, El Cajon, Fallbrook & Chula Vista in zips codes: 92104, 92105, 92116, 92113, 92101, 92113, 91910, 92102, 92109, 92028. These are anywhere between 4-50 units, from $800,000-$4,500,000. Most selling at 7%-8% CAP. You can cherry pick. I am asking for 1% fee.
Only principals will get the proforma with addresses.
Trophy Asset- MF
Newport Beach $35M
Bay front 64 unit apartments
Built in 1964 subject to 29 yr ground lease
The land is entitled for Development of 17 single family homes (avg 3,900 sq.ft)
1,093 feet of space for 34 slips
1,000 feet of water frontage on Newport Bay
70% of the units have water views
I have multiple sellers with Florida and Georgia Multi-Family portfolios. Please inquire for details.