Apr 9, 2015 9:17 EST

Trion Propierties Offers Park Grove – a rare value-add opportunity in a rapidly gentrifying area of San Diego

iCrowdNewswire - Apr 9, 2015

 Park Grove

Offered By

Trion Properties

Trion Properties

Los Angeles, CA

About this Property

Park Grove is a rare value-add opportunity in a rapidly gentrifying area of San Diego. Current rents are well below market and this property hasn’t seen improvements or renovations in decades. Trion Properties plans to increase value through strategic upgrades, capital expenditures and tending to deferred maintenance requirements.

Key Points

  • Trion Properties has extensive experience in this market
  • Projected 40% upside in rents
  • Substantial opportunity to add-value
  • Located in a rapidly gentrifying area of San Diego’

Location Details

San Diego, CA

Park Grove Apartments is located conveniently between a major shopping center containing nationally branded tenants (Target, Walmart Superstores, and Sam’s Club) and also San Diego State University.

MSA RANK 18
MEDIAN INCOME $61,400
MSA POPULATION 3,211,252
POPULATION GROWTH 3.7%

 

 

Contact Information:

Trion Properties

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