633 N Fig St, Escondido, CA 92025

Choose nearby businesses to show on the map:

Building Details:

First time offered for sale: Los Patios Apartments, a fourteen (14) unit apartment complex located on North Fig Street in Escondido. Built in 1972, the subject property is situated on .82 acres. The property is comprised of eight (8) spacious one-bedroom, one bath units, & six (6) two-bedroom, one bath units totaling approximately 10,200 rentable square feet. Each Apartment opens to an interior gated courtyard which gives the complex the feel of privacy. The complex consists of two 1-story frame & stucco buildings with concrete slab foundations & pitched asphalt shingle roofs. The many long term tenants enjoy on-site laundry facilities, gated entry, abundant open and covered carport or private patio parking where residents have direct access to their unit. Additionally, these gracious units each have their own large private patio which allows its residents the option to enjoy their own private outdoor yard whenever they choose. 5 two bdrm units offer 2 car parking. 6.4% Cap Rate (self-managed), 100% leased. Lot size .82 acres (35,719sf) / Building area (2 single story) 10,200sf /29% lot coverage / 8) one bedroom one bath @ 600sf each, 6) two bedroom one bath @ 900sf each. Roof approximately 11 year old.