1045 Meadowlake Drive, Vista, CA 92084

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Kobe Zimmerman

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

$1,587,500

Est. payment - /mo

8 Beds

0.3 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2509673

Bedrooms 8

Lot Size 0.295 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to offer for sale the opportunity to acquire the Meadowlake Apartment Homes, an 4 unit apartment community in Vista CA. The 4 plex consists of all large 1,116sq.ft. Two Bedroom/Two Bath units. Each apartment home has a garage, an additional dedicated parking space, and back patio. Some of the units have been fully renovated and have achieved market rent. The others are poised for rehabilitation for value-add or keep as they are with continued rent growth. These feel like small homes rather than apartments. Draught resistant landscape keeps the expenses low. Laundry room provides additional income as well. High cashflow property in an excellent location! High Cap Rate & Low Price per sq.ft! (1037-43 Meadowlake Dr. - Adjacent 4 plex for sale as well - Selling together)

Location

State CA

County San Diego

Direction Google Maps

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 1760303100

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Listed by Dave Plutner DP Properties

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1045 Meadowlake Drive Vista, CA 92084