Current 5.3% CAP rate with management in place! Pleased to present for sale a student rental just a stone's throw to San Diego State University. This fully remodeled 5bed/2bath home and 3bed/1ba ADU to two student groups for a combined $8,700/month through July 2023. Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired. They expect to prelease for the 23-24 school year in coming months at $9,000+ per month (5.6% CAP rate!). Excellent Turn-Key return for an investor!
220024618
Single Family, 1 Story
5
San Diego
2 Full
1949
Meter on Property
1
Stucco,Wood,Stucco
Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Arrows indicate 90 day trend
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