445 Garrison Street, OCEANSIDE Property Listing: MLS® #OC24011401

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.

445 Garrison Street, OCEANSIDE Property Listing: MLS® #OC24011401 Close
Page Summary
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  • MLS® #: OC24011401
  • 445 Garrison Street
  • OCEANSIDE, CA 92054
  • $15,250,000
  • 2.19 Acres
  • Office: Marcus & Millichap Re Invest

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.

Supplemental Remarks

Essential Information

  • MLS® #OC24011401
  • Listing Price$15,250,000
  • Original Listing Price$15,250,000
  • Date ListedJanuary 18th, 2024
  • Days on Market4
  • Bathrooms0.00
  • Acres2.19
  • Lot Sq.Ft.95,396
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$48

Community Information

  • Address445 Garrison Street
  • AreaOCEANSIDE (92054)
  • CityOCEANSIDE
  • CountySan Diego
  • StateCA
  • Zip Code92054

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on March 1st, 2024 at 12:56pm PST.