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The Indiana is a rare opportunity to have long term positive leverage for class A product and Class A location. Offered in conjunction with this asset is an Assumable HUD Loan fixed at 2.5% through 2057! Built to keep, The Indiana is a 23 Unit complex located in San Diego's Hillcrest neighborhood. The property features a unit mix of oversized 1- & 2-bedrooms in the form of cottages and townhomes. The interior amenities include but are not limited to: wood flooring, cabinetry, counters, fixtures and appliances as well as in-unit Washer/Dryers. Many of the units have sizable balconies. The ultra high end construction and interior finishes will ensure low maintenance/management for the long term. Hillcrest is one of the strongest rental markets in San Diego County with very little vacancy and continued rental growth projected.
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