5014 Chaparral Way

Pleased to present for sale a 6bed/3bath house by San Diego State University. 5014 Chaparral Way is located walking distance to the SDSU campus and rents for $5,750 per month to students who pay all utilities. The property consists of a 6bd/3ba house. Leases are secured by strong parental cosigners. The 2 car garage still exists and a savy investor may look to this opportunity to convert this space into a 2bed 1 bath ADU for additional income. Currently offered close to a 5% CAP rate, this is a great investment property with secure demand from students of SDSU into the future.

Property has been flagged by the city inspector for some issues that will need to be addressed by any buyer.

Elevated ceilings throughout, accompanied by a gorgeouswood-burning fireplace, spacious front yard, and beautiful private backyard - perfect for relaxing or entertaining. Plenty of parking.