Pacific Pointe Senior Living

111 Unit Apartment Building | $12,500,000 ($112,613/Unit) | Chula Vista, CA 91910

Asking Price $12,500,000

Property Type: Multifamily
Square Feet: 61,040 SF

Listing Contacts

Mike Biddick

Verified Profile

Property Info

Property Overview

Cushman & Wakefield is pleased to present the Pacific Pointe Independent Living Community. Pacific Pointe is a 111-unit senior housing community located less than 1 mile North of Scripps Mercy Hospital in the city of Chula Vista, California. Built in 1974, the property was completely renovated in 2009 and consists of 111 studio apartments with approximately 350 Square feet each.
There are no known income-related restrictions currently in place, allowing this asset to have significant rental upside. The property is restricted to senior tenants (55+). With this well-built and efficiently designed property, an astute investor will capitalize on the strong current and future cash flow.

Property Details

Class: C
Year Built/Renovated: 1974/2009
Stories: 3
Lot Size (sq. ft): 46,609 SF
Units: 111

Highlights

111 Studios
55+ Independent Living
Rehabbed in 2009
Value-Add Opportunity
10.2% Stabilized Cap Rate
1974 Cement Brick Construction

Nearby Properties

Dallas MSA

2.8 Acres of Commercial Land in Dallas, TX 75243

9200 Markville Dr
Dallas, TX 75243

View Details
$1,825,000

Entenmann's Bakery Outlet

8,160 SF | Retail Building | Lakeland, FL 33801 | $1,825,000 ($224/SF)

3354 Us Highway 92
Lakeland, FL 33801

View Details
$422,093

0.57 Acres of Commercial Land Offered at $422,093 USD in Broken Arrow, OK 74012

850 Msn Ave
Broken Arrow, OK 74012

View Details
$1,999,000

21,680 SF Specialty Building Offered at $1,999,000 in Harrisville, MI 48740

790 Us 23
Harrisville, MI 48740

View Details
Vacant Land located near Harborage Marina

3.71 Acres of Commercial Land in Saint Petersburg, FL 33701

1100 4Th St
Saint Petersburg, FL 33701

View Details
$5,150,000

Walgreens

14,550 SF | Retail Building | Thomson, GA 30824 | $5,150,000 ($354/SF) | 5.99% Cap Rate

668 Main St
Thomson, GA 30824

View Details
$2,500,000

Owner-User (Manufacturing) - Vale, NC

82,876 SF | Industrial Building | Vale, NC 28168 | $2,500,000 ($30/SF)

7514 Nc Hwy
Vale, NC 28168

View Details

Similar Properties

$12,500,000

126.83 Acres of Commercial Land Offered at $12,500,000 USD in Emigrant Gap, CA 95715

41855 Nyack Rd
Emigrant Gap, CA 95715

View Details
$12,500,000

Hermosa Courtyard

15,127 SF | 93% Leased | Retail Building | Hermosa Beach, CA 90254 | $12,500,000 ($826/SF) | 4.75% Cap Rate

1332 Hermosa Ave
Hermosa Beach, CA 90254

View Details
$12,500,000

100K+ SF Class A Industrial Building

100,000 SF | Vacant | Industrial Building | Dunbar, PA 15431 | $12,500,000 ($125/SF)

5 Sandstone Way
Dunbar, PA 15431

View Details
$12,500,000

Park Terrace

21,565 SF Retail Condo Unit Offered at $12,500,000 in San Diego, CA 92101

206-222 Park Blvd
San Diego, CA 92101

View Details
$12,500,000

14,000 SF Bldg + 89 Unit / 177 Key Dev. Site

14,000 SF | Vacant | Retail Building | Miami, FL 33127 | $12,500,000 ($893/SF)

2830 5Th Ave
Miami, FL 33127

View Details
$12,500,000

Bacino Vista

16 Unit Apartment Building | $12,500,000 ($781,250/Unit) | 6.73% Cap Rate | Cape Coral, FL 33904

5126 Coronado Pkwy
Cape Coral, FL 33904

View Details
$12,500,000

144 Acres of Commercial Land Offered at $12,500,000 USD in Jarrell, TX 76537

250 County Road 216
Jarrell, TX 76537

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].