Another one - Investors! Highly Attractive Assumable Financing: 3.03% Interest Only thru 2029?with this gem of a 22-unit! Cash Flow!!!
?? For Sale: 3845-3855 Chamoune Ave, San Diego, CA 92105??
?? Price: $6,000,000?
?? Highly Attractive Assumable Financing: 3.03% Interest Only thru 2029?
?? Off Street Parking & Laundry Facilities
?? Central San Diego County Location
?? All Units Upgraded | Recent Capital Improvements?
?? STRONG CASH FLOW DAY 1 (6.4%)
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3.03% INTEREST ONLY FINANCING THROUGH 2029! CASH FLOW!!!
Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845 Chamoune Avenue--a newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns.
Boasting twenty-one meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams.
Features:
- Ample off-street parking
- On-site laundry facilities
- New roofs
- Fresh exterior paint
- Upgraded fencing
- Security systems
- Energy-efficient windows
- Rerouted water lines
- Interior unit upgrades
This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 6.5%! With stable rental income and minimal expenses, investors can enjoy robust returns without delay.
Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through 2029, further enhancing the property's affordability and profitability.
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Don’t miss out on this exceptional opportunity! Call or email us today for more details!
Josh Browar
DRE#: 01824454
[email protected]
(858) 414-4398
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