Atrium_Property for Sale
Atrium_Property for Sale
229 16th St, San Diego, CA, 92101, US

Atrium

Asset description

JLL, as an exclusive advisor, is pleased to present for sale, Atrium (the “Property”), a 100-unit, 1990's build, value-add multi-family investment opportunity in East Village, Downtown San Diego’s largest and rapidly growing neighborhood.


Located on 16th Street and K Street and within walking distance to Petco Park and the Gaslamp Quarter, Atrium provides residents a unique Downtown living experience with immediate access to the County’s best restaurants and shops, top attractions, and prominent employers.


Atrium represents an attractive opportunity for an investor to acquire a cash-flowing asset with proven upside potential in one of the nation’s most robust multi-housing markets, all at a significant discount to replacement cost.

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Attributes

Units
100
Land area gross
0.43 acres
Building area net
53,359 sf

Media

Investment highlights

  • Durable Cash Flowing Asset
  • Significant Upside Potential
  • Walkable Downtown Location
  • TOD With Proximity to Employment
  • Downtown San Diego Outperforms
  • Impending Supply Cliff Drives Multi-Housing Demand
Atrium 4_Property for Sale
Atrium 4_Property for Sale

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Atrium (0 Properties)

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Last updated
Apr 22, 2025