Property Description
The Anderson Group is pleased to present Village Run (the “Property”), an
attractive rental community located in San Diego’s East County. The Property is nestled in a valley surrounded by mountains in an area characterized by quiet residential communities and neighborhood retailers. The offering presents real estate investors the opportunity to acquire a
rarely available multifamily asset of this quality in one of San Diego’s high-demand rental communities. In addition, the Property is not subject to California’s rent control ordinance, AB1482 for the foreseeable future given its year of construction.
Originally constructed by the current owner in 2022, Village Run’s well-designed floor plans consist of 40, Two Bedroom/Two and One-Half Bath + Den units that are 1,300 square feet each. The units are spread out among 8 separate buildings housing 5 units each, all of which are situated on a 87,120 SF lot.
The Property provides an array of amenities including attached double-car garages, picnic/BBQ areas, a small dog park, and security gate/monitoring systems. Unit amenities include stainless steel appliances, quartz countertops, washer/dryer hookups, dishwasher, built-in microwave, ceiling fans, hardwood flooring, central air system, individual hot water heaters, and private balconies.
Village Run provides an opportunity to acquire a pride of ownership multifamily asset in one of the highest-demand rental submarkets in San Diego County. The new owner will enjoy the security of having the property situated near single-family homes, comparable apartment communities, local shopping, schools, and restaurants, as well as having easy access to Highways 52, 67, & 125 and Interstates 8, 15, 805, & 5. With an upside in rental income, this offering is perfect for the long-term investor seeking a pride of ownership asset with a strong current and future cash flow.
