Mission Trails Apartment Community

The San Carlos neighborhood is a first ring suburban location nestled in the foothills just to the east of Mission Valley, and overlooking Lake Murray recreational area. The property is also adjacent to Mission Trails Regional Park with more than 7,000 acres, making it one of the largest urban parks in the county. This provides opportunities for hiking, biking, observation and exploration.

Mission Trials is within a 15-20 minute drive of the major employment hubs of Mission Valley. Downtown, and Kearny Mesa. Residents are surrounded by plentiful outdoor amenities, great schools, low crime, and clean air. Within a 3-mile radius of the property there is approximately 5.85 million SF of retail, including a weekly Farmer's Market in La Mesa. In addition Mission Valley is a 10-minute drive from Mission Trails and is the retail hub of San Diego. San Carlos as a community compares favorably with more well-known masterplans like Rancho Bernardo, Rancho Santa Margarita and Temecula. The property has a strong resident demographic with an average household income of approximately $94,000/year or only a 25% rent-to-income ratio.

Mission Trails is ideally positioned to capitalize on the “flight to the suburbs” as tenants are looking for infill suburban locations with strong recreational and retail amenities. It is a fully renovated "turnkey" asset that can be acquired for a significant discount to today's replacement cost with stable cash flow and very little risk. Mission Trials is the right opportunity at the right time.