About 445 Garrison Street
Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.
Features of 445 Garrison Street
MLS® # | OC24011401 |
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Price | $14,715,000 |
Bedrooms | 3 |
Bathrooms | 0.00 |
Acres | 2.19 |
Type | Residential Income |
Status | ACTIVE |
Community Information
Address | 445 Garrison Street |
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Area | OCEANSIDE (92054) |
City | OCEANSIDE |
County | San Diego |
State | CA |
Zip Code | 92054 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Pool | N/K |
Interior
Fireplace | No |
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# of Stories | 2 |
Exterior
Lot Description | Curbs, Sidewalks |
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Additional Information
Date Listed | January 18th, 2024 |
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Days on Market | 98 |
Zoning | Assessor |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Marcus & Millichap RE Invest |
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