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293-295 Neptune Avenue

293-295 Neptune Avenue
Encinitas, CA 92024
Availability: Close of Escrow:12/11/2015 Net Rentable Area:4,037 SF
Shipping: 293-295 Neptune Avenue is a 4,037 SF Multi-Family Resident located in Encinitas. The Duplex is currently leased through 2017.
Pricing: $0.00
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Description

293-295 Neptune Avenue is a 4,037 SF Multi-Family Resident located in Encinitas. The Duplex is currently leased through 2017 for $11,500 per month, which equates to a 4.12% Cap Rate. The Property is located on Neptune Avenue, just feet from the ocean, in the Cliffs of Encinitas. This property represents an excellent opportunity for an investor to acquire a property right along the coast line while still cash-flowing. The new owner could take up residence in the property or continue to lease it out as-is and continue to reap the benefits of having a tenant paying rent.

Year Constructed

1972

Net Rentable Area

4,037 SF

Occupancy

100%

Details

  • 22932162
  • Other
  • Close of Escrow:12/11/2015 Net Rentable Area:4,037 SF
  • New

Shipping Information

  • Item Requires Shipping
  • 293-295 Neptune Avenue is a 4,037 SF Multi-Family Resident located in Encinitas. The Duplex is currently leased through 2017.

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