Santa Fe Townhomes | 1470 S Santa Fe Ave
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Santa Fe Townhomes 1470 S Santa Fe Ave
45 Unit Apartment Building $45,359,039 CAD ($1,007,979 CAD/Unit) 4.03% Cap Rate Vista, CA 92084
Investment Highlights
- Ideal Unit Mix of 45 2bed/2.5 bath Townhome style Units
- 0.70 acre adjacent parcel of land included with sale (potential for 8 additional units)
- Washer/Dryer in each Unit
- Each Unit has attached 2 car garage
- Potential conversion of existing 2 bedroom units to 3 bedrooms (ask agent for details)
Executive Summary
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. Upstairs, residents will find two bedrooms, 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 Acre) included in the transaction, offering potential for expansion with up to 8 additional units and/or parking availability
necessary to convert existing 2 bedroom units into 3 bedroom units.
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. Upstairs, residents will find two bedrooms, 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 Acre) included in the transaction, offering potential for expansion with up to 8 additional units and/or parking availability
necessary to convert existing 2 bedroom units into 3 bedroom units.
Property Facts
| Price | $45,359,039 CAD | Apartment Style | Townhome |
| Price Per Unit | $1,007,979 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 3.91 AC |
| Cap Rate | 4.03% | Building Size | 74,469 SF |
| No. Units | 45 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment |
| Price | $45,359,039 CAD |
| Price Per Unit | $1,007,979 CAD |
| Sale Type | Investment |
| Cap Rate | 4.03% |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 3.91 AC |
| Building Size | 74,469 SF |
| No. Stories | 2 |
| Year Built | 2022 |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 45 | - | 1,680 |
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PROPERTY TAXES
| Parcel Number | 161-053-16 | Improvements Assessment | $869,860 CAD |
| Land Assessment | $749,684 CAD | Total Assessment | $1,619,544 CAD |
PROPERTY TAXES
Parcel Number
161-053-16
Land Assessment
$749,684 CAD
Improvements Assessment
$869,860 CAD
Total Assessment
$1,619,544 CAD
-
Nick Kane -
Jeff Kane -
Coldwell Banker Commercial-West
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Santa Fe Townhomes | 1470 S Santa Fe Ave
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