Active
1096 N Mollison
El Cajon CA, 92021
$9,195,000
$371.10 per sqft
Active
24,778 sqft
Commercial
A new loan quote from the lender puts the LTV at 63% or $3.5 million down on a $9.2 million purchase. The loan is interest only for 3 years at 5.69% - which puts the monthly debt service at just $3,000 more than the current assumable Fannie Mae loan payment. The attached package is updated to reflect this and the loan terms are below. We are proud presents the Colonial Gardens Apartments, a spacious apartment in El Cajon, California. The Colonial Gardens Apartments offers several amenities to its residents. The property is secured with controlled access and has a charming courtyard-style community. The property also includes a BBQ area and on-site laundry facilities. The owner has instituted a utility billing system allowing the tenants to pay for electricity, gas, water, sewer, and trash. One of the major advantages of this apartment is that it comes with off-street parking, which is a huge convenience in a busy location. The apartment itself has newer energy-efficient air conditioning, which means that the resident can enjoy a comfortable living space while also keeping their energy bills low. Additionally, the apartment has been recently painted and is in very clean condition.
240001790
MLSⓇ ID
January 24, 2024
Listed
September 16, 2024
Updated
Map
1096 N Mollison
El Cajon CA, 92021
Interior Features
Total Stories
2
Laundry Description
Owned
Floor Description
Concrete, Wood, Tile, Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
1.2 Acres
Lot Features
All Auto Sprinklers
Roof
Composition
Other Property Details
Area Name
East County
Days on Market
182
Garage
No
Parking
Carport, Spaces
View
No
County
San Diego
Pool
No
Zoning
R-4
Listing History
Date | Event | Price |
|---|---|---|
8/12/2024 | Price change | $9,195,000 -1% |
7/18/2024 | Price change | $9,200,000 4500% |
7/18/2024 | Price change | $200,000 -98% |
5/21/2024 | Price change | $9,400,000 -5% |
4/30/2024 | Price change | $9,800,000 -2% |
4/2/2024 | Price change | $9,900,000 -9% |
4/1/2024 | Active | — |
3/19/2024 | Pending | — |
Listed by Acre Investment Real Estate, Craig Stewart,
Listing Contact: 760-809-3626
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Data last updated 10:42 PM UTC, 9/16/2024
