WASHINGTON APARTMENTS

318 EAST WASHINGTON AVE | ESCONDIDO, CA

HIGHLIGHTS

  • Six-unit garden style apartment complex 

  • Built 1975 the project sits on 0.29 acres.

  • Roof is pitched and built with composition shingle.

  • Five of the six units have upgraded interiors with new flooring and countertops.

  • Features covered parking spaces, yard, and onsite laundry.

PROPERTY INFO

Property Type: Multi-Family

Status: For Sale

Building Size (Total GLA): 4,320 SF

Lot Size: 12,449 SF

iNVESTMENT PRICING

Price: $1,550,000

Cap Rate Current: 4.88%

Cap Rate Pro Forma: 5.25%

GRM Current: 12.80

GRM Pro Forma: 12.21

Price Per Unit: $258,333

Price Per Square Foot: $358.80

LEASE DETAILS

Units: 6

Unit Mix: 6 - 2 Bed / 1 Bath

Lease Type: Fee Simple

Occupancy: 100%

contact

Brent Zoller
Associate
License No. 01984978
+1 949 942 1309
brent@vantiscap.com

STAY IN 
TOUCH

VANTIS CAPITAL ADVISORS

2 Park Plaza | Suite 300 | Irvine, CA 

949.942.1300

LOS ANGELES OFFICE COMING SOON

  • White Facebook Icon
  • White LinkedIn Icon
  • White Instagram Icon
  • White Twitter Icon