Listing provided courtesy of Benn Vogelsang of NorthMarq Multifamily. Last updated 2024-04-05 09:21:34.000000. Listing information © 2023 Sandicor.
Asking Price: $11,000,000
9249 Birch St, Spring Valley CA 91977
Community: East County
This Com-Res Income property was built in and is priced at $11,000,000. Please see the additional details below.
ASSUMABLE FINANCING AT 2.92%. Market 6.53% Cap Rate. Birch Terrace is a 48-unit apartment building located in the community of La Presa in Spring Valley. The 35,618 square feet of structures were built in 1984 on a 53,579 square foot lot. The property has strong unit mix of one 3 Bedroom / 1.5 Bath unit, thirty-one 2 Bedroom / 1 Bath units and sixteen 1 Bedroom / 1 Bath units. There are 71+ covered and surface parking spaces. The property features common laundry facilities, additional storage units, and a double garage. The units are spacious and feature dishwashers and A/C units.