Description
ASSUMABLE FINANCING AT 2.92%. Market 6.36% Cap Rate. Birch Terrace is a 48-unit apartment building located in the community of La Presa in Spring Valley. The 35,618 square feet of structures were built in 1984 on a 53,579 square foot lot. The property has strong unit mix of one 3 Bedroom / 1.5 Bath unit, thirty-one 2 Bedroom / 1 Bath units and sixteen 1 Bedroom / 1 Bath units. There are 71+ covered and surface parking spaces. The property features common laundry facilities, additional storage units, and a double garage. The units are spacious and feature dishwashers and A/C units.
Location
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5 Beds
3 Baths
3,270 Sq ft
$1,199,000
MLS# PW23185995
PENDING
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Listing Agent: Benn Vogelsang
Listing Office: NorthMarq Multifamily
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