Welcome to our premier commercial residential income property, featuring 45 newly built units completed in 2022. These spacious townhomes offer contemporary living with a bright and airy great room style on the first floor, showcasing modern kitchens, luxurious hard surface flooring, and expansive living areas. Residents will find two bedrooms upstairs, including a primary suite boasting a large dual walk-in closet and private bathroom. Each townhome comes equipped with a two-car garage and essential appliances such as a refrigerator, stove, dishwasher, microwave, washer/dryer, and central air conditioning. ****Additionally, this property presents a unique opportunity with an adjacent lot (.7 Acres) included in the transaction, offering the potential for expansion with up to 8 additional units and parking availability necessary to convert existing 2-bedroom units into 3-bedroom units.
Investment Highlights
Ideal Unit mix of 45 2bed/2.5 bath townhome style units
Townhomes Newly built in 2022
0.70 adjacent parcel of land included in the sale (potential for 8 additional units)
Potential conversion of existing 2 bedroom to 3 bedroom - ask agent for details!
Each unit has an attached 2-car garage
Washer/Dryer in each unit
Close to Downtown Vista and public transit