We are proud to present the Imperial Villas (the “Property”), an attractive, fully-rehabbed, turn-key rental community that presents real estate investors the opportunity to acquire a pride-of-ownership opportunity in San Diego’s central district of Logan Heights. The property is being offered free and clear of debt encumbrances. Imperial Villas consists of 20 apartment homes totaling 18,056 rentable square feet that are situated on a large 23,474 square foot lot, spread out into 2 separate residential buildings of two stories each. The Property’s well-designed floor plans include twelve (12) two-bedroom, one-bath units that are approximately 838 square feet each and eight (8) three-bedroom, two-bath units that are approximately 1,000 square feet each. The Property provides tenants with an array of amenities including -controlled access entry, modern laundry facilities, multiple open picnic areas, and secured covered off-street parking. Imperial Villas, were originally constructed in 1982 and are nestled in a beautiful, lushly landscaped garden setting. The property has undergone a major exterior and interior rehab, which was completed in 2013. Interior renovations include, but are not limited to: carpet and vinyl flooring, window coverings, doors, complete kitchen and bathroom upgrades including granite countertops, toilets, bathtubs with custom tile work, all new appliances, new custom cabinets, ceiling fans, lighting, paint, and baseboards.