561 Park Way, Chula Vista, CA 91910

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$8,950,000

Est. payment - /mo

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 250020503

Property Sub-Type Apartment

Property Description

We are pleased to offer Parkway Palms in Chula Vista near the new Gaylord Pacific Resort and Convention Center. Parkway Palms offers a desirable unit mix of spacious one, two and three bedroom units. Further, the building includes 35 parking spaces, 7 garage spaces, and 6 carports. The garages and carports offer ADU potential. Further, the property is owned by the original family that built it. It was built to last and maintained with care. Property has newer windows, roofs replaced approx 2017 years ago, several plumbing upgrades and new electrical meters planned. Finally, this property has strong occupancy and offers excellent in-place income with substantial room to increase the rents to market. Please drive by the property discreetly without disturbing the tenants or management.

Location

State CA

County San Diego

Area Chula Vista (91910)

Interior

Heating Radiant, Wall

Cooling None

Flooring Other/Remarks

Laundry Leased

Exterior

Parking Features Carports, Garages, Spaces

Roof Type Other/Remarks

Total Parking Spaces 34

Building

Story 2

Others

Acceptable Financing Cash, Cash to New Loan

Space Rent $688,860

Listing Terms Cash, Cash to New Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250020503

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Listed by Ray Adams • Ray Adams Investment Real Estate Inc

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561 Park Way Chula Vista, CA 91910