318 EAST WASHINGTON AVE | ESCONDIDO, CA
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 Type: Multi-Family
Status: For Sale
Building Size (Total GLA): 4,320 SF
Lot Size: 12,449 SF
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
Unit Mix: 6 - 2 Bed / 1 Bath
Lease Type: Fee Simple