09/17/2024
JUST CLOSED - 725 B Ave., National City, CA 91950 for $1,350,000
This property features 5 units, totaling 3,128 sq ft, and sold off-market at $409 per sq ft. The cap rate stands at 5.2%.
Exciting development update: The buyer intends to develop over 100 units in conjunction with the lot they purchased in January.
Buyer represented by Rory Cornelius.
With a solid cap rate and strong per sq ft price, this transaction showcases the investment potential in National City.
If you’re interested in similar investment opportunities, don’t hesitate to reach out. We have a variety of off-market properties available and more exciting deals coming soon!