Olive Tree Manor

250 W. San Marcos Blvd.,
San Marcos, CA 92069

 

$7,000,000
Price
14.10
GRM
$318,182
Price Per Unit
22
Number of Units
3.79%
Cap Rate
16,500
Building SF
$7,000,000
Price
14.10
GRM
$318,182
Price Per Unit
22
Number of Units
3.79%
Cap Rate
16,500
Building SF

Investment Highlights

  • Discover a true value-add investment opportunity at 250 W. San Marcos Blvd. Extensive upside in rental income after full interior-exterior renovation program completion. Multiple ADU potential. Extensive opportunity to re-imagine and amenitize the vacant land within the property.
  • With a prime location and strong rental demand, this property promises an impressive return on investment for savvy investors looking to grow their portfolio.
  • Embrace the power of passive income with this multi-family property that combines modern location with a strong rental history.
  • Investors seeking a high return on investment will appreciate the income-generating potential of this property, which is perfectly positioned to attract tenants and maximize rental income.
  • Investors can take advantage of the property's attractive features and location to secure a reliable source of income, making it a smart choice for those looking to build wealth through real estate investments unlocking the doors to financial success with this multi-family property.
  • Situated in a thriving area, this property presents a unique opportunity to capitalize on the growing demand for rental units in the area, ensuring a steady stream of income for years to come.
  • Don't miss out on this chance to secure a profitable investment in the heart of San Marcos – With a strategic location and promising rental income, this investment gem is a must-have for those seeking to maximize their returns in the dynamic real estate market.

Location Summary

  • The property is located in the heart of San Marcos, a vibrant city in North San Diego County, known for its strong sense of community and diverse economy.
  • San Marcos is home to California State University San Marcos, a major educational institution that contributes to the city's dynamic atmosphere and provides a steady stream of potential tenants for commercial properties.
  • The area surrounding the property offers a mix of dining options, shopping centers, and entertainment venues. For example, the nearby Restaurant Row on Via Vera Cruz features a variety of culinary experiences, attracting both locals and visitors.
  • San Marcos is known for its outdoor recreational opportunities, with numerous parks, hiking trails, and golf courses in close proximity to the property. The scenic Lake San Marcos is a popular destination for water activities and relaxation.
  • The property benefits from easy access to major transportation routes, including Interstate 15 and State Route 78, facilitating convenient commuting and enhancing the property's potential for attracting businesses seeking strategic locations.

  • The property is located in the city of San Marcos, CA, known for its vibrant community, diverse population, and strong local economy. San Marcos is home to California State University San Marcos, which brings a youthful and educated demographic to the area.
  • The property is situated near major transportation routes, including Highway 78 and Interstate 15, providing convenient access for commuters and customers. This accessibility enhances the property's potential for attracting a wide range of tenants and customers.
FOR MORE DETAILS CONTACT
Gary Weddle
Managing Partner
(858) 729-4646
gary@theweddlegroup.com
01919292