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EXECUTIVE SUMMARY
Kidder Mathews is pleased to present BeachWalk Apartments for sale in an irreplaceable coastal location in Oceanside, San Diego. The subject is west of Interstate 5 and approximately six (6) blocks from the ocean. BeachWalk apartments consists of 38-units situated on three separate parcels totaling approximately 0.75 acres with 32 detached single car garages and community laundry facilities. The three parcels are being offered as a portfolio. Residents are walking distance to the beach, boardwalk, pier, Oceanside transit center, and major retail facilities. Surrounded by the Oceanside Redevelopment district, the BeachWalk Apartments have potential for increased rental income or redevelopment. The subject has been well- maintained and managed by the same ownership since 2007. In recent years, select unit interiors and the building exterior have been improved. A future investor could complete a deeper renovation with high-end finishes and additional amenities such as in-unit washer and dryers to raise rents significantly. There is also potential to convert the 32 single car garages to ADUs.
PROPERTY FACTS
| Price | $20,516,957 CAD | Number of Properties | 3 |
| Price / SF | $719.99 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 3.83% | Total Building Size | 28,496 SF |
| Sale Type | Investment | Total Land Area | 0.75 AC |
| Status | Active |
| Price | $20,516,957 CAD |
| Price / SF | $719.99 CAD / SF |
| Cap Rate | 3.83% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 28,496 SF |
| Total Land Area | 0.75 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Beachwalk Apartments - 519
519 N Nevada St, Oceanside, CA 92054 |
Multifamily | 11,125 SF | 1970 | - |
| 515 N Nevada St, Oceanside, CA 92054 | Multifamily | 9,573 SF | 1968 | - |
|
Beachwalk Apartments - 508
508 N Nevada St, Oceanside, CA 92054 |
Multifamily | 7,798 SF | 1960 | - |
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BeachWalk Apartments
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