CALL FOR OFFERS date set for March 23, 2022 by 5:00pm. Built in 1991, the subject is a well-maintained, garden-style community with 58 apartment homes in San Marcos, California. Pebble Creek Apartments consist entirely of two-bedroom, two-bath floor plans (with the exception of one 1bd/1ba) with community amenities that include a swimming pool, large sundeck & cabana bathrooms, community laundry facilities, leasing office, basketball court and 58 garage spaces. The functional floor plans and desirable community layout make it a prime renovation opportunity. Interior enhancements could result in increased rents and lower operating expenses. Residents enjoy immediate freeway access to Highway 78. There are convenient retail and shopping destinations, all within walking or a short driving distance from the property. The property is strategically located near California State University San Marcos and the Sprinter Light Rail Station. The recent development and ongoing construction in the North City Specific Plan area will continue to transform the immediate area.
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