The Vine Street Apartments are an 18 unit complex located in Oceanside, just a mile from the Pacific Ocean.
Under the same ownership for 20 years, the property had fallen into great disrepair, which greatly impacted both the revenue in a downward direction and caused unusually high expenses because of deferred maintenance.
Within the first two months of handling this property, our team at Strategic Realty Group repaired structural deficiencies, improved property safety, and began improvements to the individual units. We continue to meet, and exceed, the objectives of assuring the asset provides steady cash flow and value appreciation.
Our goals are to maximize your cash flow, while minimizing your need to invest in the day-to-day operations.