Hidden Villas Apartments 16 Units | For Sale
Hidden Villas Apartments 16 Units | For Sale 970 East Mission Ave. Escondido, CA 92025
Jack Nooren 858.750.5000 [email protected] DRE #01881984
Map/Aerial Escondido is located in a long valley in the coastal mountains of Southern California, Escondido. This city is located approximately 18 miles inland and 30 miles northeast of San Diego. Escondido is a diverse and vibrant community with lakes, parks, sports center, golf courses, restaurants, wineries, shopping centers and the nearby San Diego Zoo Safari Park. Recently Escondido was named by Money Magazine as the best place in the West in which to retire and also named a Kid-Friendly city for the broad range of youth programs. There are many historic homes of Old Escondido as well as a thriving Downtown area in which lies a bright future brimming with promise.
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Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
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The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Property Facts Property Address:
970 East Mission Ave. Escondido, CA 92025
Price:
$1,995,000
Unit Mix:
16 - 2 BR/1 BA
Average Unit Size:
800 SF
Approximate Gross Sq. Ft.:
15,986 SF
Stories:
Two Story
Style:
Mid-rise, Garden Style
Lot Size (Acres):
0.81 Acres
Parking Spaces:
32
Amenities:
Pool, carports, low vacancy,
Year Constructed:
1982
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Floorplan
Balcony
4’
23’
Kitchen
7’
Closet
Closet
Heater
4’
7’
16.5’
8’
Ref.
Closet
3’
Closet
33’
2’
10’
Patio
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
9’
4.5’
Garden
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Siteplan
TO E MISSION AVENUE
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Income Analysis Units # 16
Actual Avg. Rent $1,022
Type 2 BD/1 BA
Market Avg. Rent $1,131
Annual Actual Rent $196,224
Annual Market Rent $217,152
Total Gross Rents Laundry Income
$196,224 $1,800 $198,024
$217,152 $1,800 $218,952
Vacancy 3% Annual Gross Scheduled Income (EGI)
$5,941 $192,083
$6,569 $212,383
% of EGI 9.83% 4.20% 0.92% 0.22% 0.62% 0.40% 1.28% 1.40% 5.93% 13.67%
$18,884 $8,064 $1,760 $417 $1,200 $768 $2,450 $2,688 $11,400 $26,264
$23,957 $8,064 $1,760 $417 $1,200 $768 $2,450 $2,688 $8,686 $26,400
38%
$73,895
$76,390
$118,188
$135,993
5.92% $1,995,000 10.39 $124,688 $125
6.82% $1,995,000 9.39 $124,688 $125
Expenses: Taxes (1.14079%) Repairs/Maintenance Insurance Phone Gardening Pest Control Pool Trash Management Fees (market 4%) Gas, Electric, Water, Sewer Total Expenses Net Operating Income Cap Rate Property Value Gross Rent Multiplier Price Per Unit Price Per SF
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
Per Unit $1,180 $504 $110 $26 $75 $48 $153 $168 $713 $1,642
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Jack Nooren 858.750.5000 [email protected] DRE #01881984
Map/Aerial Escondido is located in a long valley in the coastal mountains of Southern California, Escondido. This city is located approximately 18 miles inland and 30 miles northeast of San Diego. Escondido is a diverse and vibrant community with lakes, parks, sports center, golf courses, restaurants, wineries, shopping centers and the nearby San Diego Zoo Safari Park. Recently Escondido was named by Money Magazine as the best place in the West in which to retire and also named a Kid-Friendly city for the broad range of youth programs. There are many historic homes of Old Escondido as well as a thriving Downtown area in which lies a bright future brimming with promise.
e
sion
is st M
Ea
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
enu Av
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Property Facts Property Address:
970 East Mission Ave. Escondido, CA 92025
Price:
$1,995,000
Unit Mix:
16 - 2 BR/1 BA
Average Unit Size:
800 SF
Approximate Gross Sq. Ft.:
15,986 SF
Stories:
Two Story
Style:
Mid-rise, Garden Style
Lot Size (Acres):
0.81 Acres
Parking Spaces:
32
Amenities:
Pool, carports, low vacancy,
Year Constructed:
1982
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Floorplan
Balcony
4’
23’
Kitchen
7’
Closet
Closet
Heater
4’
7’
16.5’
8’
Ref.
Closet
3’
Closet
33’
2’
10’
Patio
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
9’
4.5’
Garden
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Siteplan
TO E MISSION AVENUE
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
Income Analysis Units # 16
Actual Avg. Rent $1,022
Type 2 BD/1 BA
Market Avg. Rent $1,131
Annual Actual Rent $196,224
Annual Market Rent $217,152
Total Gross Rents Laundry Income
$196,224 $1,800 $198,024
$217,152 $1,800 $218,952
Vacancy 3% Annual Gross Scheduled Income (EGI)
$5,941 $192,083
$6,569 $212,383
% of EGI 9.83% 4.20% 0.92% 0.22% 0.62% 0.40% 1.28% 1.40% 5.93% 13.67%
$18,884 $8,064 $1,760 $417 $1,200 $768 $2,450 $2,688 $11,400 $26,264
$23,957 $8,064 $1,760 $417 $1,200 $768 $2,450 $2,688 $8,686 $26,400
38%
$73,895
$76,390
$118,188
$135,993
5.92% $1,995,000 10.39 $124,688 $125
6.82% $1,995,000 9.39 $124,688 $125
Expenses: Taxes (1.14079%) Repairs/Maintenance Insurance Phone Gardening Pest Control Pool Trash Management Fees (market 4%) Gas, Electric, Water, Sewer Total Expenses Net Operating Income Cap Rate Property Value Gross Rent Multiplier Price Per Unit Price Per SF
Jack Nooren 858.750.5000 [email protected] 123 Camino De La Reina # 200S San Diego, CA 92108 DRE #01881984
Per Unit $1,180 $504 $110 $26 $75 $48 $153 $168 $713 $1,642
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
