Amber Woods apartments consists of a beautiful, lushly landscaped garden setting spread out on a large lot totaling 2.76 Acres. Originally constructed in 1984, the property has continuously been renovated through capital improvements and has additional value-add potential through interior renovation. Amber Woods Apartments consists of 60 Units total situated in 5 residential buildings. The Property’s well designed floor plans include 26 two-bedroom, one-bath units that are 925 square feet each, and 34 two-bedroom, two-bath units that are 1,000 square feet each. The Property provides an array of amenities including controlled access entry, modern laundry facilities, multiple barbecue grill areas, a large swimming pool and spa, and a stand-alone leasing office.
Amber Woods Apartments provides an opportunity to acquire a larger multifamily asset in one of the highest demand rental submarkets in San Diego County. The new owner will enjoy the security of having the property situated near comparable apartment communities, local shopping, restaurants, as well as having easy access to Interstate 8. With upside in rental income, this offering is perfect for the long term investor seeking a pride of ownership asset with a strong current and future cash flow.
William R Anderson MBA, Senior Vice President | Principal