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Multifamily

Estancia Apartment Homes

Escondido, CA

100 Units

Built in 1972

Value Add

Investment Highlights

  • TRUE VALUE-ADD OPPORTUNITY Based on market rent comparables and implementing a value-add renovation program, a rent premium of $246 (10%) over average in-place units can be achieved across
  • DESIRABLE UNIT MIX A low density garden-style community comprised of spacious two-, & three-bedroom floorplans averaging 1,015 SF.
  • STRATEGIC IN-UNIT & COMMUNITY AMENITIES Community amenities include a swimming pool and spa, a recreation room with pool table, ping pong table, lounge area with TV, and treadmill, landscaped courtyar

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