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4044 Georgia Street
San Diego, CA 92103
Asking Price
$2.50M
Asset Type
Residential Multifamily
Class
Class B
What's Special
36 Unit RTI Development Site | University Heights | Opportunity Zone & CCHS <ul><li><span style="color: rgba(0, 0, 0, 1)">Fully Entitled Ready-to-Issue (RTI) Development Opportunity</span></li><li><span style="color: rgba(0, 0, 0, 1)">Approved for 36 Apartment Units (35 One-Bedroom / 1 Studio)</span></li><li><span style="color: rgba(0, 0, 0, 1)">Modern Six-Story Podium Design</span></li><li><span style="color: rgba(0, 0, 0, 1)">Located Within the Complete Communities Program</span></li><li><span style="color: rgba(0, 0, 0, 1)">Designated Opportunity Zone with Poten
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631
