Active
343 Autumn
San Marcos CA, 92069
$22,000,000
$473.61 per sqft
Active
7 Beds
46,452 sqft
Commercial
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
240020535
MLSⓇ ID
August 29, 2024
Listed
October 8, 2024
Updated
Map
343 Autumn
San Marcos CA, 92069
Interior Features
Total Stories
2
Bedrooms
7
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.24 Acres
Other Property Details
Area Name
North County
Days on Market
40
Garage
No
Parking Total
127
View
No
County
San Diego
Pool
No
Listed by Eric D. Comer, Broker, Eric D Comer,
Listing Contact: 858-369-3083
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Data last updated 8:42 PM UTC, 10/8/2024
