$18,500,000

Price Reduced. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Seller & HUD willing to allow a 2nd Trust Deed for up to $5,000,000 allowing up to 70% LEVERAGE!!! Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $7,860,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057).