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Property Description

12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

Additional Information
Marcus & Millichap
0
SAND-641894
SAND-62951
Thomas
4892310400

Commercial Sale For Sale

1140 Lexington Ave, El Cajon, California 92019

$3,950,000
Listing ID #240015800SD
Basic Details
Status : Active
DaysOnMarket : 1
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 240015800SD
Price : $3,950,000
Country : US
State : California
County : San Diego
City : El Cajon
Zipcode : 92019
ModificationTimestamp : 2024-07-10 16:33:17
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