Kelly St Main

San Diego, CA

San Diego, CA

  • 16 unit apartment note purchase
  • Purchased note for $1.45MM for asset valued at $2.5MM.
  • Foreclosed, stabilized and rehabbed for $300K and financed for $2.5MM.
  • Time: 1.5 years
  • In drafting stage to add an additional 14 units.