San Diego, CA

4286 Morrell Street | San Diego, CA

Purchase Price: $975,000

MUTIFAMILY PROPERTY FOR SALE

Crown Point 6 Unit Apartment Property Purchase Price: $975,000 Price Per Unit: $162,500 Pro Forma Cap Rate: 4.7% Seller Financing Available Must Close by End of Year • Seller Financing Terms: Must Close by End of Year, 10.25% Miniumum Down Payment, 5 Years at 3.95% Interest Only, Additional 5 Year Option • 98.5% Historical Occupancy, Immediate Upside Potential • Building Size: 1,552 SF

Katie Herrick

619-497-2255

www.naisandiego.com

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USD's Alan Gin on recovering from the Great Recession

July 24, 2104 -- George Chamberlin and Alan Gin, professor at the University of San Diego, discuss how far the country has recovered from the Great Recession and why the recovery has been so slow.

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Commercial Leases Database

Dr.'s Own, Inc., dba Good Feet Barry Hendler of Cassidy Turley Growing Pains, LLC Nick Zech and Matt Orth of CDC Commercial Inc Industrial 20,398 square feet Carlsbad CA 92008 5923 Farnsworth Court 60 month an office, manufacturing and distribution center for arch foot support products modified gross $749,485 7/28/2014
Diverse Culinary Ventures, LLC, dba Hacienda de Vega Don Zech and Nick Zech of CDC Commercial Inc Berden Holdings LLC and Foxborough Park, Inc Kirk Allison and Vic Gausepohl of Colliers International Retail 6,640 square feet Carlsbad CA 92008 5806 Van Allen Way 120 month a full service Mexican restaurant triple net $1,518,827 7/28/2014
Easy Choice Insurance itself Russo Suburban Properties Bill Thaxton and Stewart Keith of Flocke & Avoyer Commercial Real Estate Retail 1,000 square feet Carlsbad CA 92011 Palomar Square 1355 Broadway, Suite C 3 year $79,560 7/21/2014
Last Updated 7/28/2014

Real Estate News

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Escondido golf course fate goes to ballot

After the collection of 9,000 signatures, the Escondido City Council voted unanimously Wednesday night to place a plan for 430 homes on the 110-acre Escondido Country Club property on the November ballot.

Lack of new construction hinders growth, economists say

A lack of new construction is impeding economic growth nationwide, and San Diego County is expected to add only 2,500 single-family homes in 2014, two economists said Thursday.

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