11 Jun Escondido Apartment Building Sales Analytics
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.
Multifamily cap rates peaked in Escondido to a high of over 7.0% in 2011 and decreased to just under 5.0% for 2016 and presently hovering around the 5.0% mark.
The average price per unit for apartment buildings in Escondido hit a low in 2008 with about $95,000 per unit and for 2018 is averaging $185,000 per unit for apartment building sales in Escondido.
Sales volume of Escondido apartment buildings had a peak in 2016 at $70M in total sales with a low in 2011 with just over $10M. For Escondido sales volume in 2017 decreased from 2016 to about $45M and so far for 2018 we’re at about $18M in sales volume.
For more information on Escondido Multifamily Sales Comps, further details about apartment buildings in Escondido, evaluations for your Escondido Apartment building please contact me at 310-900-9505 or click Evaluate My Building.
Beachbreak Investments Inc
12780 High Bluff Dr #130, San Diego, CA 92130