Investment Highlights
- Palomar is a 142-unit multifamily community, built in 1988, located in proximity to over 1.7 million square feet of retail within a 5-mile radius.
- Palomar presents a rare opportunity for an investor to add and additional 90 units to vacant land (4.0 acres), situated on the existing parcel.
- Current ownership implemented a programmatic interior renovation scope inclusive of 124 units. Homogenous enhancements were performed to 119 units and 5 units received premium-level enhancements.