Property Detail

Description

The Woodlawn Apartments is a 40-unit apartment community located in Central Escondido, North County San Diego. Built in 1974, the unit mix consists of forty (40) 1Bdrm/1Bath units with spacious floor plans averaging 700SF. There is ample onsite parking (70 spaces), central air-conditioning, Amazon-Hub Lockers and an onsite laundry facility. The property benefits from its central location; walkability boasting a WalkScore of 78, it is situated just a couple of blocks from shops, dining and entertainment along Grand Ave and Valley Pkwy. This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of Southern California's best rental markets.