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99 Broadway 15 Unit Apartment Building $4,586,362 CAD ($305,757 CAD/Unit) 5.94% Cap Rate Chula Vista, CA 91910

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Investment Highlights

  • All units recently remodeled
  • Huge upside in rents
  • 13 parking spaces
  • Excellent location near shops/restaurants & transportation

Executive Summary

Introducing 15 Units in Downtown Chula Vista - 99 Broadway, Chula Vista, CA 91910! This prime investment opportunity features a well-maintained property with 13 studios and 2 one-bedroom units, all recently renovated for multifamily use. Located at the bustling corner of D Ave & Broadway, this property offers significant rental upside potential with minimal capital expenditure required. Strategically situated near the Gaylord/Chula Vista Bayfront/Chula Vista Sports Complex development & only a short distance from the Mexican border and downtown San Diego, this property boasts a convenient location within walking distance to various amenities, shops, and eateries. With easy access to transportation hubs, including bus lines and highways 54 & I-5, this low-maintenance property provides an attractive prospect for investors seeking a promising rental income. Don't miss out on this opportunity to own a lucrative piece of real estate in the heart of Chula Vista. Call us today at 619.933.2349 to learn more.
https://fox5sandiego.com/news/local-news/chula-vista-bayfront-pangaea-sports-complex/
https://www.youtube.com/watch?v=get_0L74-j4

Attachments

99Broadway (3)

Property Facts

Price $4,586,362 CAD
Price Per Unit $305,757 CAD
Sale Type Investment
Cap Rate 5.94%
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 3,093 SF
No. Stories 2
Year Built 1953
Zoning 60

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 - -
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
565-330-02
Land Assessment
$2,214,593 CAD
Improvements Assessment
$2,214,593 CAD
Total Assessment
$4,429,185 CAD
  • Listing ID: 33237971

  • Date on Market: 2024-09-19

  • Last Updated:

  • Address: 99 Broadway, Chula Vista, CA 91910

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