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About the Listing 12620 - 124250
We are pleased to offer for sale the opportunity to acquire the Meadowlake Apartment Homes, an 8 unit apartment community in Vista CA. Built on 2 parcels, each 4 plex consists of all large 1,116 sq.ft. Two Bedroom/Two Bath units. Each apartment home has a garage, an additional dedicated parking space, and back patio. Three (3) of the units have been fully renovated and have achieved market rent. The other five (5) units are poised for rehabilitation for value-add or keep as they are with continued rent growth. These feel like small homes rather than apartments. Draught resistant landscape keeps the expenses low. Laundry room provides additional income as well. High cashflow property in an excellent location!
Listing Highlights for 1037 51 Meadowlake Dr
Status
Pending
Days on Site
20
Property Type
Commercial Sale
MLS ®
NDP2509675
Year Built
1968
Total Square Footage
8,928
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: R-3
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: $34,290
- Taxes w/Assessments: N/A
- Tax/Property ID: 1760303000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1037 51 Meadowlake Dr Vista, CA 92084
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