GEOLN.COM 🏠 Real estate in USA New builds in USA New builds in San Diego The Park, Bankers Hill

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The Park, Bankers Hill in San Diego

Name: Sales in The Park, Bankers Hill started!
Start: 2020-09-04T06:47:31.693300+00:00
End: 2023-12-31T23:59:59+0000
Location: The Park, Bankers Hill

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Project info

Object ID: 9057

Finished at	November 2019
Price, m²	From 6800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 250.00 m²
Floors	14
Apartments	60
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Spa Pool 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

1,700,000$

Net profit

9,376$

Payback period

144.6 years

Avg property value increase per year

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About the project

Known for its affluent reputation, Bankers Hill has long been the choice for those wanting an upscale, urban lifestyle. Perfectly placed on a hillside among the true cultural heart of San Diego, this unmatched pairing has established the legacy that defines Bankers Hill. Today, The Park emerges as a new icon destined to add its own chapter to the storied history of Bankers Hill. Located adjacent to Balboa Park, the nation’s largest urban cultural park, homeowners can walk to 17 major museums, renowned performing arts venues, beautiful gardens and the San Diego Zoo.