1913-27 Georgia Court

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1913-27 Georgia Court

San Diego, CA 92104
Asking Price
$3.25M
Cap Rate
3.01%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 9 Units | $361,111/unit <ul><li>​Prime North Park Location Less than (2) Blocks to Balboa Park</li><li>​Large 11,698 SF Lot in Complete Communities Tier 3 (6.5 FAR)</li><li>​Value-Add Opportunity with Significant Upside Potential</li><li>​Detached Cottage Units with No Shared Walls</li><li>​Abundant Off-Street Parking - 9 Spaces (1 Per Unit)</li><li>​Large Storage Spaces and Private Yards (Select Units)</li><li>​Various Exterior Capital Improvements</li><li>​In-Demand Unit Mix of One and Two Bedroom Units</li><li>​80 W

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NOI
$80,000
Cap Rate
2.46%
DSCR
0.41
Underwater
Cash-on-Cash
-11.58%
Monthly Payment
$16,079.227
Annual Cash Flow
$-112,950.721

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