investment highlights
- LOCATION // Rare San Diego area facility in an established prime Southern California market.
- UNIQUE OPPORTUNITY // Affordability within a market of low transaction history.
- OWNER-MANAGED FACILITY // Asset displays pride of ownership with little deferred maintenance.
- UPSIDE // Below market rents provide benefit mitigation and with aggressive revenue management, collection of administrative fees and more tenant insurance requirements will increase cash-flow substantially.
- OCCUPANCY // Currently highly physically occupied (97.50 percent) but with an economic occupancy of 72.47 percent giving a buyer an opportunity to increase NOI.