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120 Ballantyne St 10 Unité Immeuble d’appartements 5 623 376 $ CAD (562 338 $ CAD/Unité) 4,27% Taux de capitalisation El Cajon, CA 92020
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Résumé de l'annonce
Ballantyne Condominiums is a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon,
within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities.
The property consists of eight residential condominium units and two ground-floor retail/office suites, including:
INVESTMENT OVERVIEW
Four (4) spacious 2-bedroom, 2.5-bath units
Two (2) 1-bedroom plus study, 1.5-bath units
Two (2) 1-bedroom, 1.5-bath units
Two (2) street-level retail spaces
Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential.
This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value.
As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals.
within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities.
The property consists of eight residential condominium units and two ground-floor retail/office suites, including:
INVESTMENT OVERVIEW
Four (4) spacious 2-bedroom, 2.5-bath units
Two (2) 1-bedroom plus study, 1.5-bath units
Two (2) 1-bedroom, 1.5-bath units
Two (2) street-level retail spaces
Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential.
This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value.
As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals.
Faits sur la propriété
Commodités
Commodités des unités
- Climatisation
- Balcon
- Foyer
Commodités du site
- Cour
- Ascenseur
- Solarium
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+2.5 | 4 | - | - |
| 2+1.5 | 2 | - | - |
| 1+1.5 | 2 | - | - |
| 1+1 | 2 | - | - |
1 1
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
40/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 488-111-34 | Évaluation des bâtiments | 3 573 607 $ CAD |
| Évaluation du terrain | 840 907 $ CAD | Évaluation totale | 4 414 514 $ CAD |
Impôts fonciers
Numéro de lot
488-111-34
Évaluation du terrain
840 907 $ CAD
Évaluation des bâtiments
3 573 607 $ CAD
Évaluation totale
4 414 514 $ CAD
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Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
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Présenté par
120 Ballantyne St
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