If you're in a 1031 Exchange and need to buy or you want your money to work harder than you're achieving in Bonds, CDs or your bank, you may want to consider apartment buildings in A+ coastal markets such as Santa Monica. In a downturn, you want your money and investment to be insulated as much as possible to preserve...
Data Courtesy of CoStar This report consists of apartment building sales and lease data for multifamily investment properties in the North County Submarket containing the cities of Del Mar, Solana Beach, Encinitas, Carlsbad, Oceanside, Vista, San Marcos and Escondido. For multifamily leasing the vacancy rate is 3.7% compared to 4.3% for all of San Diego. Market rents for Studios run in the...
Multifamily Sales Report for Encinitas, Cardiff, Solana Beach, Del Mar Sales volume is yet to hit the 2007 peak of just under $60,000,000 for multifamily sales in the prime coastal cities of Encinitas, Cardiff, Solana Beach and Del Mar where only a few apartment building sell every year. Sales volume bottomed out in 2012 with about $9,000,000 in total multifamily sales...
Today we will review the apartment building sales report for Carlsbad, CA for the past year, June 2017 to June 2018. The average price per unit for apartment buildings sold in Carlsbad was $394,917 with a max price per unit of $564,000. The average sales price for apartment buildings sold in Carlsbad was $5,800,000 with a max of $20,000,000. The average cap rate...
Data Courtesy of CoStar 10 Year Trends for Escondido Multifamily Apartment Buildings Sold in Escondido, CA, Zip Codes of 92025, 92026, 92027, 92029, 92030, 92033, 92046. Parameters includes Escondido Multifamily 5 to 100 units, Escondido apartment buildings sold valued at $500,000 and higher. [caption id="attachment_16450" align="alignnone" width="300"] Escondido Multifamily Cap Rates[/caption] Multifamily cap rates peaked in Escondido to a high of over 7.0% in...
Data Courtesy of CoStar 10 Year Trends for Vista Multifamily Apartment Buildings Sold in Vista, CA, Zip Codes of 92081, 92083, 92084. Parameters includes Vista Multifamily 5 to 100 units, Vista apartment buildings sold valued at $500,000 and higher. [caption id="attachment_16441" align="alignnone" width="300"] Vista Multifamily Cap Rates[/caption] Multifamily cap rates peaked in Vista to a high of over 6.5% in 2009 and decreased to...
Data Courtesy of CoStar 10 Year Trends for Oceanside Multifamily Apartment Buildings Sold in Oceanside, CA, Zip Codes of 92054, 92056, 92057, 92058 [caption id="attachment_16430" align="alignnone" width="300"] Oceanside Multifamily Cap Rates[/caption] Multifamily cap rates peaked in Oceanside to a high of over 6% in 2010 and decreased to just over 3.5% for 2018. [caption id="attachment_16431" align="alignnone" width="300"] Oceanside Multifamily Price Per Unit[/caption] The average price...