Brokerage
Brokerage
431 Jeb Stuart Rd
431 Jeb Stuart Rd, Campo, CA 91906, USA
Active
$6,600,000
Downtown Campo
Property Type
Multifamily
Units
36
SqFt
95,000
Price
$6,600,000
Price/Unit
$188,571
Year Built
1940s
Market
Campo
Price/SF
$69
Cap Rate
5.02%
GRM
12.43
Unit Mix
Property Description
Check Out the News Coverage
https://fox5sandiego.com/news/local-news/want-to-buy-a-town-campo-is-on-sale-for-6-6-million/
Camp Lockett Master Plan / Overlay Zone
https://www.sandiegocounty.gov/content/sdc/pds/advance/CampLockett.html
Campo / Lake Morena Community Plan
https://www.sandiegocounty.gov/content/dam/sdc/pds/docs/CP/Campo-LM-CP.pdf
Top Gun CRE, Inc. is proud to present a singular investment opportunity in Campo, a small town with vast potential for transformation and growth, located just an hour east from the city of San Diego. This 28-building portfolio involves not just the acquisition of property, but the chance to own and steer the future of Downtown Campo itself, offering an unparalleled blend of community-building and investment strategy.
Downtown Campo is a community ripe for revitalization, featuring a mix of residential and commercial buildings. The town presents a canvas for investors with vision, offering the potential for high cash flow and significant upside through strategic development and honed operations. The diverse portfolio includes a range of residential units, many of which have been recently updated with essential modern amenities such as new roofing and vinyl plank flooring, ensuring attractiveness and comfort for residents.
The opportunity extends to revitalizing currently vacant buildings within the town, a move that could add substantial income by introducing new or enhanced services like gyms, laundromats, daycares, or community centers, directly responding to the desires and needs of the local population. Furthermore, the investment prospect allows for flexible development strategies. Investors can choose to build to maximize the density of the existing land without altering the town's current structures, or alternatively, consider a complete redevelopment to modernize and elevate Campo's profile.
Campo's appeal is not limited to its potential for physical transformation but is enhanced by its strategic location. The proximity to San Diego opens a myriad of recreational, cultural, and economic opportunities, making it an attractive proposition for long-term investors looking to make a significant impact. The town's setting, imbued with natural beauty and a sense of community, presents a unique backdrop for creating a vibrant, thriving place to live, work, and play.
Investing in Campo is more than a financial venture; it is a commitment to nurturing and developing a community with untapped potential. Top Gun CRE, Inc. invites forward-thinking investors to explore this rare opportunity to shape the future of Campo, crafting a legacy of growth, prosperity, and community enrichment.
Contact Agent
Nick Hernandez
Joseph Barela
786.334.7569
760.718.8793
#02207439
#02132418