Pending

343 Autumn

San Marcos CA, 92069

$22,000,000


$473.61 per sqft

Pending

7 Beds

46,452 sqft

Commercial

CALL FOR OFFERS on Thursday, October 10th! We are proud to present the opportunity to acquire Mission View Apartments, a 57-unit apartment community in San Marcos, California. Built in 1988, the subject is a well-maintained, garden-style community with 57 apartment homes. Mission View Apartments consists entirely of two-bedroom floor plans (except one 1bd/1.5ba) with community amenities including common laundry facilities and a leasing office. The property has abundant on-site parking with 127 total spaces including 57 carport spaces. Mission View Apartments offers very attractive assumable financing. The property comes with an assumable Fannie Mae interest-only loan at a fixed rate of 4.89% until July 2032. Given that current interest rates are significantly higher, this financing option allows a buyer to improve their cash-on-cash return both in the short term and long term. To download the OM or get access to due diligence information, please visit www.missionviewapts.com

240020535

MLS ID

August 29, 2024

Listed

November 22, 2024

Updated

Map

343 Autumn
San Marcos CA, 92069

Interior Features

Total Stories

2


Bedrooms

7


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.24 Acres

Other Property Details

Area Name

North County


Days on Market

77


Garage

No


Parking Total

127


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

11/14/2024

Pending

Listed by Eric D. Comer, Broker, Eric D Comer,
Listing Contact: 858-369-3083 

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Data last updated 9:05 PM UTC, 11/22/2024

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