Property Type: Multi-Family
Investment Type: Acquisition / Rehab of Older Units
Property Information:
Year Built: 1986
Construction Type: Stickframe
Units: 176
We purchased San Marin for multiple reasons; two of which are the market status / trajectory and opportunity to rehab older units. Since March of 2011, the previous owners reportedly spent more than $1 Million to better the facilities. Renovations included upgrades to: common areas, new equipment for the fitness center, new playground, new barbecue area, new exterior paint, landscaping, lighting, signage, pool resurfaced and asphalt repairs