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Sold Date9/15/2021
Closed

303 S Maple StreetEscondido, California CA92025

Listing ID210001177

$3,705,000

The 18 unit apartment investment opportunity located at the corner of W 3rd Avenue and S Maple Street is extremely rare. Situated on two parcels (totaling almost 18,000sqft of lot space), the property consists of nine separate buildings with an attractive unit mix of 1-3br/1ba house, 6-1br/1ba cottages (with private yards), 5-1br/1ba apartments, 5-studio apartments and 1-2br/1ba apartment. The property also offers laundry facilities and 6 single car garages. Several unit have been modernized but there is still significant rental upside potential. There are currently no past due rents what so ever at the property, and historically, the property operates with little to no vacancies.
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