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PRICE REDUCED $955k! - New Construction 837 S 47th St 8 Unit Apartment Building $5,394,224 CAD ($674,278 CAD/Unit) 5.25% Cap Rate San Diego, CA 92113
INVESTMENT HIGHLIGHTS
- 2025 New Construction
- Private patios + attached 2-car garages
- Separately metered gas, electric, & water
- 8 units | All 2BR/2BA tri-level layouts
- Modern finishes, open floorplans, natural light
- Low-maintenance investment in a strong rental market
EXECUTIVE SUMMARY
Brand New 2025 Construction 8-Unit Townhome Community close to COO and being advertised at $2999 each. Exceptional opportunity to own a brand-new multifamily asset in central San Diego. Built in 2025, this 8-unit townhome-style property features spacious 2-bedroom / 2-bath tri-level layouts, each with an attached 2-car garage, private patios, and modern finishes throughout. Every unit is separately metered for gas, electric, and water, minimizing operating expenses and streamlining management. With new construction and modern design, this property offers turnkey ownership and long term investment stability.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,394,224 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $674,278 CAD | Building Class | A |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 5.25% | Building Size | 8,144 SF |
| Gross Rent Multiplier | 13.53 | No. Stories | 3 |
| No. Units | 8 | Year Built | 2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | RM-2-5 - Multi-Family | ||
| Price | $5,394,224 CAD |
| Price Per Unit | $674,278 CAD |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| Gross Rent Multiplier | 13.53 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.25 AC |
| Building Size | 8,144 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | RM-2-5 - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Oven
- Stainless Steel Appliances
- Dining Room
- Patio
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 8 | $4,153 CAD | 1,018 |
1 1
PROPERTY TAXES
| Parcel Number | 547-601-04 | Improvements Assessment | $105,835 CAD |
| Land Assessment | $725,741 CAD | Total Assessment | $831,575 CAD |
PROPERTY TAXES
Parcel Number
547-601-04
Land Assessment
$725,741 CAD
Improvements Assessment
$105,835 CAD
Total Assessment
$831,575 CAD
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PRICE REDUCED $955k! - New Construction | 837 S 47th St
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