Residential Apartment Complex in California
Listing Information
Residential Apartment Complex in California
Minimum Price: $2,227,500.00
Created: 12/12/2014
Category: Real Property > Residential > MultiFamily
Sale Date: Fri. Jan 9, 2015
Trustee's Attorney
15373 Innovation Drive, Suite 210
San Diego, CA 92128
(858) 675-0755
Real Estate Location
National City, CA, 91950
Description
Sale of Real Property, a Residential Apartment Complex consisting of approximately 16 units located in National City, California, APN: 556-560-35-00, 556-560-27-00 and 556-560-28-00. The Property is in the name of SD Sports Associates XIV, a California Limited Partnership (“SD Sports”).
Villa Margarita Apartments is a unique 16 unit complex. There are 2 two story buildings each containing eight units. All units are three bedrooms with approximately 825 square feet. This size and configuration has good market demand in the National City market. Unfortunately the property has not had regular maintenance for some period of time.
Villa Margarita is within walking distance to schools, shopping including a Walmart Super Center, restaurants, city administration buildings including police and fire and Kimball recreation center and park.
Features:
- Multifamily/Residential Apartment Complex
- No. Units: 16
- Parking Spaces: 18
- Building Size: 13,316 SF
- Lot Size: 0.36 Acres
Additional Details
- Sale Hearing in "Dept.: Five (Rm. 318)" @ 11:00 a.m.
- The opening overbid shall be $2.3 million.