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848 N Mollison Ave
El Cajon, CA 92021 El Cajon

$26,000,000 USD

Apartments For Sale  •  94,980 SF

Property Details

  • Property Type Apartments
  • Total Building Size 94,980 SF
  • Lot Size 3.07 AC
  • Building Class B
  • Year Built 1976
  • Zoning R-4
37 Transit Score
75 Walk Score

Highlights

Day-One Yield (6.66% Cash-on-Cash Going-In)
Compelling Upside ($250-$350 Renovation Premiums)
Positive Leasing Trends (LTO Shows 6.1% Rent Growth)
Strong Macro Fundamentals (96.6% Submarket Occupancy)
Very Walkable (75 Walk Score) with Easy Commute Times

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Laundry Facilities
  • Microwave
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Storage Space
  • Heating
  • Recycling
  • Bay Window
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Maintenance on site
  • Family Room
  • Pantry
  • Patio
  • Porch
  • Smoke Free
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
San Diego International 25 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 102
Type: Surface
Included in Rent: Yes
Michael Greiner 808-271-5252 CBRE
Michael Greiner 808-271-5252 CBRE