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Columbia Court - 444 W C Street 9 condos | San Diego, CA
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Informations principales sur l'investissement
- Prime Downtown Location: The property is located in the heart of San Diego's business district, adjacent to the Gaslamp Quarter and Little Italy.
- Majority Association Control: Purchasing these nine specific units secures a majority position within the building's Owners Association.
- Owner-User / Value-Add Potential: The inclusion of one vacant 613 SF unit (Suite 330) allows for optional rental income upside or immediate occupancy.
- Strong In-Place Income: The portfolio boasts an 88.9% occupancy rate, producing a total monthly income of $23,484.
- Unmatched Accessibility:The location is a "Walker's Paradise" with a Walk Score of 96. It is located merely steps away from Amtrak and Trolley Station
Résumé analytique
This offering presents a rare boutique office condo investment opportunity located at 444 W C Street, in the heart of Downtown San Diego's Columbia District. The portfolio includes nine individual condo suites for sale, totaling ± 10,821 RSF within a character-rich, four-story brick building. The property is currently 88.9% occupied with eight leased units and one vacant unit (Suite 330), generating a total monthly income of $23,484. Situated directly across the street from the San Diego Central Courthouse, this location provides unmatched access for business professionals. Acquiring this portfolio grants the buyer a majority position in the Owners Association. The asking price is unlisted (inquire with broker), but it operates at an estimated 6% cap rate.
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- Offering Memorandum
Informations sur l’immeuble
| Taux de capitalisation | 6 % | Nb de biens | 9 |
| Type de vente | Investissement | Individuellement en vente | 2 |
| Statut | Actif | Surface totale de l’immeuble | 1 087 m² |
| Taux de capitalisation | 6 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 9 |
| Individuellement en vente | 2 |
| Surface totale de l’immeuble | 1 087 m² |
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Columbia Court - 444 W C Street
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