343 Autumn, San Marcos CA, 92069

Pending

343 Autumn

San Marcos CA, 92069

$22,000,000

Pending

Commercial

Listed by Eric Comer with Eric D. Comer, Broker 858-369-3083

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

240020535SD

MLSⓇ ID

August 29, 2024

Listed

December 5, 2024

Updated

Map

343 Autumn
San Marcos CA, 92069

Interior Features

Fireplace: No
Cooling: Yes
Heating: No

Exterior/Building Features

Lot Size: 2.24 Acres

Other Property Details

Area Name: 92069 - San Marcos
Days on Market: 77
Garage: No
Parking Total: 127
View: No
County: San Diego
Pool: No

Listing Contact: 858-509-1200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 9:21 AM UTC