Residential Income For Sale – – – – Price $14,715,000 – OC24011401
Property Description

Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.

Features
: 2 story
Address Map
California
San Diego
Oceanside
92054
Garrison Street
445
W118° 39' 44.3''
N33° 12' 12.9''
Neighborhood
Neighborhood
Additional Information
160
Assessor
Tyler
Leeson
Marcus & Millichap RE Invest
$0
$0
$0
$48
$0
$0
$583
2+ to 4 ac
Chula Vista
Oceanside
Fallbrook union elementary distr
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

445 Garrison Street, Oceanside, California 92054

95,396 Sqft
$14,715,000
Listing ID #OC24011401
Basic Details
Property Description :

Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : OC24011401
Price : $14,715,000
Lot Sq Ft : 95,396 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 1
Unit 2 # Bedrooms : 2
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 2
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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