560 Park Way
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
560 Park Way
9 Unit Block of Flats £1,763,300 (£195,922/Unit) 4.58% Net Initial Yield Chula Vista, CA 91910
Investment Highlights
- Nine-unit value-add apartment building
- Located in a highly desirable neighborhood with a Walk Score of 89
- Consisting of two (2) spacious two-bedroom, one-bath units and seven (7) comfortable one-bedroom, one-bath units
- Nearby shopping, dining, schools, and public transportation options
Executive Summary
The Bove Group is proud to present this nine-unit value-add apartment building in Chula Vista, California, presents a prime investment opportunity. Consisting of two spacious two-bedroom, one-bath units and seven comfortable one-bedroom, one-bath units, this property offers a versatile mix that appeals to a wide range of renters. Each unit provides excellent potential for modernization and increased rental income, making it a perfect candidate for investors looking to enhance property value through strategic upgrades.
Located in a highly desirable neighborhood with a Walk Score of 89, this building is in a walkable area where tenants can easily access a variety of local amenities. Residents will appreciate the convenience of nearby shopping, dining, schools, and public transportation options, all within walking distance. This excellent location not only increases the property’s appeal to potential tenants but also supports strong, long-term occupancy rates.
With its ideal location and strong potential for value appreciation, this property is a great opportunity for investors seeking to maximize returns through renovation and improved management. The combination of its unit mix and the growing demand for quality rental housing in Chula Vista makes this nine-unit apartment building a valuable addition to any real estate portfolio.
Located in a highly desirable neighborhood with a Walk Score of 89, this building is in a walkable area where tenants can easily access a variety of local amenities. Residents will appreciate the convenience of nearby shopping, dining, schools, and public transportation options, all within walking distance. This excellent location not only increases the property’s appeal to potential tenants but also supports strong, long-term occupancy rates.
With its ideal location and strong potential for value appreciation, this property is a great opportunity for investors seeking to maximize returns through renovation and improved management. The combination of its unit mix and the growing demand for quality rental housing in Chula Vista makes this nine-unit apartment building a valuable addition to any real estate portfolio.
Property Facts Under Contract
| Price | £1,763,300 | Apartment Style | Low Rise |
| Price Per Unit | £195,922 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Net Initial Yield | 4.58% | Building Size | 15,280 SF |
| Gross Rent Multiplier | 13.07 | Average Occupancy | 95% |
| No. Units | 9 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1976 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Price | £1,763,300 |
| Price Per Unit | £195,922 |
| Sale Type | Investment |
| Net Initial Yield | 4.58% |
| Gross Rent Multiplier | 13.07 |
| No. Units | 9 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 15,280 SF |
| Average Occupancy | 95% |
| Number of Floors | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.33/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1 | 2 | - | - |
1 of 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 567-140-09 | Improvements Assessment | £355,210 |
| Land Assessment | £230,884 | Total Assessment | £586,094 |
PROPERTY TAXES
Parcel Number
567-140-09
Land Assessment
£230,884
Improvements Assessment
£355,210
Total Assessment
£586,094
zoning
| Zoning Code | R3, Chula Vista |
| R3, Chula Vista |
1 of 21
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
560 Park Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.