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Multifamily

Las Palmas Apartment Homes

Vista, CA

140 Units

Built in 1975

Value Add

Investment Highlights

  • VALUE-ADD OPPORTUNITY Based on market rent comparables and implementing a value-add renovation program, a rent premium of $157 (7%) over average in-place units can be achieved across all floorplans.
  • DESIRABLE UNIT MIX A low density garden-style community comprised of spacious one-, two-, and three-bedroom floorplans averaging 912 SF.
  • STRATEGIC IN-UNIT & COMMUNITY AMENITIES Include a swimming pool, clubhouse, fitness center, controlled access with covered/assigned parking, on-site laundry facilities.

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