Elivia5385 Clairemont Mesa Blvd San Diego, CA 92117
We discovered this mid-century classic in the Clairemont area of San Diego with favorable rent and demographic profile for workforce housing in this high barrier to entry market. Projected to be a 12 month renovation and lease-up we completed at the 6 month mark January 6th, 2016. We have already hit our year three projections for rent growth. The property was refinanced in 2017 with investors receiving a large amount of their original capital back. Meter intends to hold the property in this highly desirable market.