6241 Mary Lane Drive

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6241 Mary Lane Drive

San Diego, CA 92115
Asking Price
$2.90M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Mary Lane Aztec Villas | Two Contiguous Properties | Ideal Student Housing Rentals <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Rare opportunity to acquire contiguous parcels near San Diego State University</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Can be purchased together or separately ($1.4M & $1.5M)</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Historically operated as successful student rentals with strong demand</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Prime walk-to-campus location near SDSU, transit, dining, and retail</span></li><li>​

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

Location & Travel Times