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Multifamily
Pacifica Palms Apartments
Escondido, CA
189 Units
Built in 1965
Value Add
Investment Highlights
- TRUE VALUE-ADD OPPORTUNITY Based on market rent comparables and implementing a value-add renovation program, a rent premium of $343 (22%) over average in-place units can be achieved across all floorpl
- DESIRABLE UNIT MIX A low density garden-style community comprised of studio, one-, & two-bedroom floorplans on four parcels totaling 7.88-acres.
- Primed for an Affordable Conversion With In-Place and Pro forma rents currently 35.93% ($859/unit) and 21.57% ($516/unit), respectively, below 80% AMI (Low Income) rent limits based on the 2025 U.S. D
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