4333 College Ave., San Diego, CA 92115

Property Description

The Dalton Apartments is a boutique and millennial branded 35 unit garden low rise apartment complex that presents a strong and solid investment opportunity in the highly sought after San Diego multi-family market. Located within the College Area submarket, this property is located very close to San Diego State University and its’ large, consistent population of renters. Two main freeways are within 5 minutes and there is a multitude of retail, dining, entertainment and other attractive amenities in this area. The property includes 33 Suite Style 1bedroom/1bathroom units, one 2bedroom/1bath unit and a 3 bedroom/2bathroom house. In addition, the property boasts a community pool, on-site laundry, and one on-site parking spot for each unit. This entire property has seen a massive transformation while still keeping its integrity as a mid-century building. This asset has undergone a ton of major infrastructural and interior/exterior upgrades. Renovations include but are not limited to: roof repair and replacement, pool upgrades, asphalt repairs, exterior painting, property rebranding, interior common area paint, and professional landscaping. In addition, a substantial amount of the interiors has been remodeled including new bathroom and kitchen upgrades. With these upgraded units, management can rent units quickly and at a higher than average market rent. The fully renovated units include new cabinets, counter tops, appliances, and bathroom upgrades. The ownership has taken a midcentury building and breathed new life into it for the next owner to enjoy for the foreseeable future. Exterior: ,