445 Garrison Street, Oceanside, CA 92054 - MLS#OC24011401

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$14,715,000

Est. payment - /mo

3 Beds

3 Baths

2.19 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Oceanside

MLS Listing ID OC24011401

Bedrooms 3

HOA Y/N No

Lot Size 2.190 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.
Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.

Location

State CA

County San Diego

Community Oceanside

Area Oceanside (92054)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 2+ to 4 AC

Level or Stories 2 Story

Others

Monthly Total Fees $48

Acceptable Financing Exchange

Space Rent $30,115

Listing Terms Exchange

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Listed by Tyler Leeson • Marcus & Millichap RE Invest

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

445 Garrison Street Oceanside, CA 92054

Arash Rokni

Key Details

Location

Building

Others

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