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1051 Meadow Lake Dr
Vista, CA 92084 Vista

$3,175,000 USD

Apartments For Sale • 8,928 SF

Property Details

Property Type Apartments
Total Building Size 8,928 SF
Lot Size 0.63 AC
Building Class C
Year Built 1968
Cap Rate 5.33 %
Zoning RM20, Vista

27 Transit Score

75 Walk Score

                
                    Highlights
                
                                High 5.33% Cap Rate (6.07% Proforma)
                            
                                Large 2 Bedroom/2 Bath Units - 1,116 sq.ft each
                            
                                Garages for each and every unit
                            
                                (2) APNs qualifies for Residential or Commercial Financing
                            
                                Very low cost per square foot
                            
                                Prime location near Brengle Terrace Park

Property Flyers

Meadowlake Apartment Homes OMv3

Financial Summary (Actual)

Net Operating Income: $169,886 USD (2024)

Cap Rate:	5.33 %
Total Expenses:	$78,863 USD

Amenities

Dishwasher
Disposal
Laundry Facilities
Microwave
Heating
Kitchen
Refrigerator
Oven
Sprinkler System
Stainless Steel Appliances
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
Carlsbad Village (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	16 min	-	9.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Dave Plutner 858-964-8087 DP Properties Real Estate Investment Brokerage

1051 Meadow Lake Dr Vista, CA 92084 Vista