$300,000
Downtown San Diego Condo - Investors Earn 7.81% CAGR over 7 Years
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Why?:
I am actively trying to find a buyer for my Downtown San Diego Condo
Price:
$300,000 Get Prequalified Today
BR/BA:
1 BR, 1 BA
Location:
San Diego, CA
Description:
This property is in immaculate condition. It is well located in East Village near Petco Park, FIT Athletic Club, Brooklyn Bagels, the new downtown San Diego Library and the brand new Thomas Jefferson Law School. A special rate membership is available to FIT with the condo. This is a bright open airy unit with lots of morning light. There is a view over East Village. There are a lot of things to do in this neighborhood. If you are into running and working out, this is a great place to live because there is a bridge that connects to San Diego Bay with a great workout area on the Embarcadero and lot of stair running! The unit is well maintained with stainless steel appliances, ceramic heat transfer stove, tile in the kitchen and bathroom. There is a den in the unit for a great office space and guest room area and there is also in unit laundry (w/d).
Property is currently leased to high quality tenant thru August 2012 @ $1950/mo. The tenant would like to remain in the unit for thru August 2014 if the new buyer will accept.
Investors can earn a 7.81% Compound Annual Growth Rate with this property. See Google spreadsheet on the financial modeling:
https://docs.google.com/spreadsheet/ccc?key=0AmAJsfap_qbTdEtzdnEwRWZmTkRVRENqZERKd2dfNHc
Property Type:
Condos
Sq feet:
1,000 sq. ft.
Year:
2006
For sale by:
By Owner
Reposted:
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Let me know if you have any questions. – Steven Prescott
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