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For Sale

Southwinds Apartments

909 S Sunshine Ave,
El Cajon, CA 92020

Asset Snapshot

$348,248
NOI
1977
Year Built
2015
Year Renovated
2
Floor Count
1
Building Count
22 Units
Unit Count
0 SF
Average Unit Size
17,978 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

DP Properties & Century 21 Masters are pleased to offer the Southwinds Apartments investment opportunity located at 909 S. Sunshine Ave in El Cajon, CA. The Southwinds are 100% 2 Bedroom/1 Bath units which bodes well for the El Cajon marketplace. Fully renovated in 2015, the property has been well maintained by the current ownership. This is a perfect opportunity for a buyer looking for a stable long term apartment investment in a strong location. Each unit has either an upstairs balcony or a downstairs large enclosed patio/yard. The property has a gated entry and a large parking lot comprising approximately 34 on-site parking spaces. The residents enjoy a beautifully maintained, sparkling swimming pool that serves as the centerpiece of the community.


Investment Highlights

  • High 5.5%+ Cap Rate on Actuals
  • 100% 2 Bedroom Units
  • Extensive Renovations in the past 11 years
  • Recent Exterior Paint & Landscape Upgrades
  • Sparkling Pool &
  • Onsite Laundry Facilities
  • Gated Entrance + 34 Parking Spaces
  • 40,000 Square Foot Lot

How it Works

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Listing Syndicated From

Buildout
For Sale
$6,300,000
Asking Price