1113 Greenfield Drive
El Cajon, CA 92021

$5,500,000

Description

The Easter Manor Apartments, located at 1113 Greenfield Drive, are a 28 unit apartment community located in the City of El Cajon. Built in 1987, the complex features (8) 1 bedroom/1 bathroom units, (12) 2 bedroom/1 bathroom units and (8) 2 bedroom/ 2 bathroom units. The units feature heating and A/C, a ceiling fan/ lighting, refrigerator, stove, dishwasher and garbage disposal. There is on site laundry, 2 off-street parking spaces per unit and on site management. Given such a strong unit mix and having been built in the late 1980's, this property will remain desirable to prospective renters for years to come. Easter Manor is perfect for a 1031 exchange buyer or a traditional investor. There is additional rental upside should a new investor decide to add value.

Details

MLS#190010896
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site8

Features

Story(s)0
Units28

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Area Information

StateCA
CountySan Diego
CityEl Cajon
Zip Code92021
Listing VS Median (in 92021)
Price:
$5,500,000
low | high
Med:
$497,000
100% of Average
On Site:
8
low | high
Med:
7.500000
100% of Average
Listing Updated: 03/19/2019
MLS Number: 190010896
Listing Provided By:
Benn Vogelsang  of  South Coast Commercial Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.