N Avenue Apartments 1740 N Avenue

National City, CA

Status:

Sold

Close of Escrow: 06/08/2006

Market Time: 173 Days

Activity ID: M0090269

Total Number of Units: 19

Year Built: 1970

Sale Price: $1,800,000

Price per Unit: $94,737

Price per Square Foot: $147.54

CAP Rate: 6.00%

GRM: 9.74

Downpayment: $479,000 (27%)

Net Operating Income: $107,980

Rentable Square Feet: 12,200

Lot Size: 0.26

Unit Type

1Bdr 1Bath

1Bdr 1Bath

2Bdr 1Bath

No. of Units

1

14

4

The N Avenue Apartments complex is located in San Diego County, in the community of National City. The 19-unit apartment community is made up of fifteen (15) one-bedroom units and four (4) two-bedroom units.