Elevate in San Diego

Name: Sales in Elevate started!
Start: 2020-09-03T11:36:19.165710+00:00
End: 2023-12-31T23:59:59+0000
Location: Elevate

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Project info

Object ID: 9051

Finished at	November 2019
Price, m²	From 5000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 140.00 m²
Floors	4
Apartments	62
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

700,000$

Net profit

9,376$

Payback period

59.5 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Elevate

About the project

Now open and selling, Elevate was designed for a generation on the go, where opportunity, convenience and architectural sophistication coexist.

The trademark design of ColRich is prominent at Elevate, evident in our unique architectural style and attention to detail. Contemporary home design provides for an array of options with one, two and three-story plans to choose from. Our elevator served buildings offer one and two-story plans with 2 to 3 bedrooms and up to 2.5 bathrooms. Our unique three-story townhomes offer up to 4 bedrooms and the convenience of a lock and leave lifestyle.

Each Elevate home is complete with appealing interior features and upscale finishes along with private outdoor space. All homes also include the convenience of private garage parking for two cars.

Civita is a forward-thinking community built on leading-edge ideas in sustainable development and the timeless design principles of town planning. Civita residents live in one of the most advantageous locations in all of San Diego County. Nearby to Fashion Valley and all the shops, restaurants and specialty stores in Mission Valley, it is also easy to access the rest of the city via Highway 163 and Interstates 8, 5 and 805.

Within Civita, there will be shops, restaurants and offices connected through a network designed for walking and biking. With more than a third of Civita dedicated to open space, trails, and parks, this is life at San Diego’s best.

Developer

From South Africa to Southern California, the ColRich story is a decades-long journey of business building, continuous reinvention and a dev…
Details about ColRich