$19,000,000
$22,000,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
343 Autumn San Marcos, CA 92069
7 Beds
46,452 SqFt
Key Details
Sold Price $19,000,000
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 46,452 sqft
Price per Sqft $409
MLS Listing ID 240020535
Bedrooms 7
Property Sub-Type Com-Res Income
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 North County
Exterior
View Y/N No
Building
Story 2
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Eric D Comer Eric D. Comer, Broker
