4017 Georgia Street | San Diego | CA | 92103
Transcript of 4017 Georgia Street | San Diego | CA | 92103
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
4017 Georgia Street | San Diego | CA | 92103
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
CONFIDENTIALITY AGREEMENT
All information disseminated in the following marketing package is proprietary of Apartment Consultants Incorporated (here in referred to as ACI) and is
strictly confidential with all materials subject to a signed NDA that must be completed and submitted to the selling broker before proceeding in reading or
disseminating information herein. By proceeding with review of the contents of this marketing package, you (herein referred to as THE READER) agree to
use information solely for the purpose of considering the purchase of the subject property. All other uses of shared information and imagery are strictly
prohibited, and content can only be copied or duplicated with written consent from ACI. By proceeding with review of the contents of this marketing
package, THE READER acknowledges on behalf of itself and any Related Parties that it will seek written permission from ACI before sharing information
regarding the potential transaction or subject property. All other sharing of information is prohibited; provided however, that the material may be
disclosed to Potential Investor Representative (if any), the Potential Investor’s partners, employees, legal counsel, advisors, institutional lenders, and other
capital sources (collectively the “Related Parties”) as reasonably required for an evaluation of the potential sale. THE READER will also seek consent from
ACI before attempting to gain access to any non-public areas of the Subject Property or communicate with Property Management, Lenders, Tenants, or
affiliates, which consent may be withheld at ACI’s sole discretion. THE READER also agrees that disseminating information on behalf of a partnership,
corporation, or LLC, etc. shall do so with the full authority to bind those he/she represents to the terms of the Agreement. All communication regarding
information, negotiation, inquiries, offers, or any other transmissions will be presented through ACI. If you have received this package without receiving
and signing, and sending to the selling broker the standing NDA, you are required to destroy all version of this and related marketing material without
consideration of any information. Refer to “4019 Georgia Street Disclosure Document” for more information, buyer to verify all.
In addition, by proceeding with review of the contents of this marketing package, THE READER understands that the Seller, ACI, and any Seller/ACI
Related Parties are exempt from verifying or proving the accuracy of disseminated or public information regarding the Subject Property. The undersigned
acknowledges that all information presented in disseminated materials was furnished by Seller and has never been independently verified by ACI for its
completeness or accuracy. Parties entering into contract for purchase agree to rely on their own independent verification and due diligence to
determine the accuracy of all information. It is expressly agreed to indemnify and hold harmless ACI and its Agents from all claims and damages for all
decisions to enter into contract based on the accuracy, completeness, or lack thereof, of any and all information. THE READER also understand that All
parties agree that presentation of this marketing package, all materials provided in addition to its submission and all correspondence related to the
material shall be exempt from any obligation to reach an agreement to purchase or execute a contact. If a transaction fails to materialize, THE READER
agrees to promptly return or destroy all related material received from ACI.
THE READER and all parties associated with THE READER acknowledge that all correspondence and action taken to procure the Subject Property of this
transaction listed currently or added at a later date, shall be performed through ACI, with ACI recognized as the agent or sub-agent of the Seller for any
completed purchase transaction during the listing period or within two years thereafter. If THE READER and/or all parties associated with THE READER
interferes in any way with ACI’s contractual right to a fee from the Seller, may result in personal liable for that fee.
Non-Endorsement Notice ACI holds no affiliation with, sponsorship of, or are endorsed by any commercial tenants or lessee identified in this marketing package. The use and
presence of corporate logos, names, or other identifying text is not intended to imply an affiliation with, sponsorship of, or are endorsed by said
corporation of ACI. All reference to these elements are intended only got the purpose of providing tenant lessee information about the listing to potential
customers.
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Apartment Consultants Inc. (ACI) is the most successful income property brokerage firm in San Diego County.
Since 1982, we have specialized in apartment and investment property transactions, and maintained a solid performance
despite changing economic cycles. With an average of more than 140 closed escrows per year, ACI has closed more San
Diego County income property escrows than any other firm in the county – that’s more properties than the number two and
number three firms combined. Whether you’re new to apartment investing or an experienced investor looking to upgrade
your portfolio, ACI is the right choice to achieve your long-term investment goals.
Property Overview 4-9
Rental Survey 1 Bedroom 10-11
Rental Survey 2 Bedroom 12-13
Sales Comparables 14
Competing Properties 15
Investment Summary 16
Contact Page 17
TABLE OF CONTENTS
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
THE OPPERTUNITY
Exuding dramatic, revolutionary design
combined with amazing San Diego views!
4017 Georgia Street, affectionately named
“Georgia On My Mind” is a 13 unit multifamily
asset located in the North Eastern
neighborhood of Hillcrest in the beautiful city
of San Diego. Consisting of two buildings with
modern sensibilities, this property has seen a
dramatic transformation from a quaint hillside
triplex into a architecturally unique offering
with a design perfect for outdoor living. The
multi-story rear building boasts modern
conveniences due to recently completed
construction in 2017.
Tenants at this property are treated to a
breathtaking view of the heart of San Diego
while enjoying a dynamic interior and patio
designs as well as convenient on-site
amentias. Pride of ownership buildings like
these don’t come along often.
Building Your Wealth Through Apartment Investments
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
PROPERTY HIGHLIGHTS
2017 Construction Washer & Dryer In Every Unit Gated Parking Garage High Quality Finishes In Every Unit Enormous Private Roof Decks High-End Condominium Quality 11 To 17 Foot Ceilings Extensive Outdoor Spaces Utilities, Including Water Metered Separately $3.5M 7 Year Fixed Assumable Loan at 3.5% Majority of Appliances have 5 year warranty Asset qualified for 10 year warranty through “2-10”
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
MAPS
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
EXTERIOR PHOTOS
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
INTERIOR PHOTOS
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Floor Plan
2 Bed 2 Bath + Den
2 Bed 2 Bath
1 Bed 1 Bath (Affordable)
1 Bed 1 Bath
2 Bed 1 Bath
2 Bed 2 Bath
1 Bed 1 Bath
1 Bed 1 Bath2 Bed 2 Bath
2 Bed 2 Bath
1 Bed 1 Bath
1 Bed 1 Bath
2 Bed 2 BathTotals/WTD. Averages
$2,350
1 797 $2,650 $2,650
1 $2,750 $2,750
1 569 $1,950 $1,950
1 573 $2,195 $2,195
1 993 $2,975 $2,975
1 804 $2,795 $2,795
1 632 $2,350
# of Units Total SF Total Rents
1 573 $775 $775
1 1025 $2,350 $2,350
Current Rents
$2,7501 1025 $2,750
1 876 $2,940
$2,395
1 744
$2,940
$2,750 $2,750
$31,62577513
$2,3951 689
773
UNIT MIX SUMMARY
ACTUAL UNIT DATA
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Floor Plan
2 Bed 2 Bath + Den
2 Bed 2 Bath
1 Bed 1 Bath (Affordable)
1 Bed 1 Bath
2 Bed 1 Bath
2 Bed 2 Bath
1 Bed 1 Bath
1 Bed 1 Bath2 Bed 2 Bath
2 Bed 2 Bath
1 Bed 1 Bath
1 Bed 1 Bath
2 Bed 2 BathTotals/WTD. Averages
$2,400 $2,400
$2,400 $2,400
1 993 $3,000 $3,000
1 804 $3,000 $3,000
$2,750
1 773 $3,000 $3,000
1 569 $2,400 $2,400
# of Units Total Rents
$33,875
$775
$3,300
$2,400
$2,650
$3,000 $3,000
744 $2,750
1 573 $775
775
689 $2,400
1 797 $2,650
1 876
$2,800
Total SF Proforma Rents
1 1025 $3,300
1 1025 $2,800
13
1
1
1 573
1 632
UNIT MIX SUMMARY
MARKET UNIT DATA
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St FLOOR PLAN
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
2 1 First
Unit 101
Bottom Floor
Top Floor
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracof the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
1 1 Second
Unit 102
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
1 1 Second
Unit 103
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
1 1 Second
Unit 104
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St FLOOR PLAN
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
2 2 Second
Unit 105
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
1 1 Third
Unit 206
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
2 2 Third
Unit 207
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
2 2 Third
Unit 208
Building Your Wealth Through Apartment Investments
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
1 1 Fourth
Unit 309
Fourth Floor
Fifth Floor
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accucy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
1 1 Fourth
Unit 310
Fourth Floor
Fifth Floor
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
Number of Bedrooms: Number of Bathrooms:
Entry Floor:
FLOOR PLAN
2 2 Fourth/Fifth
Unit 311
Fourth Floor
Fifth Floor
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
RENT SURVEY—1 BEDROOM
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
RENT SURVEY—1 BEDROOM
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
RENT SURVEY—2 BEDROOM
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
RENT SURVEY—2 BEDROOM
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
SALES COMPARISON
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©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
EXECUTIVE SUMMARY City Zip Lot Size
San Diego 92103 6,992GRM Rentable
Current Market Current Sq Ft19.43 18.17 3.39% 10,125
No. Floor Plan Unit SF Rent Total Market Total Actual Proforma
1 2 Bed 2 Bath + Den 1025 $2,750 $2,750 $3,300 $3,300 Mgt-Off Site $12,334 $13,211
1 2 Bed 2 Bath 1025 $2,350 $2,350 $2,800 $2,800 Mgt-On Site $0 $01 1 Bed 1 Bath (Affordable) 573 $775 $775 $775 $775 Gas & Elec. $2,400 $2,4001 1 Bed 1 Bath 689 $2,395 $2,395 $2,400 $2,400 Wrt & Swr $1,200 $1,2001 2 Bed 1 Bath 744 $2,750 $2,750 $2,750 $2,750 Landscaping $1,200 $1,200
1 2 Bed 2 Bath 773 $2,750 $2,750 $3,000 $3,000 Trash $2,328 $2,3281 1 Bed 1 Bath 569 $1,950 $1,950 $2,400 $2,400 Pest Control $600 $6001 1 Bed 1 Bath 573 $2,195 $2,195 $2,400 $2,400 Maintenance $3,600 $3,6001 2 Bed 2 Bath 993 $2,975 $2,975 $3,000 $3,000 Webpass Internet $4,320 $4,3201 2 Bed 2 Bath 804 $2,795 $2,795 $3,000 $3,000 Insurance $4,800 $4,8001 1 Bed 1 Bath 632 $2,350 $2,350 $2,400 $2,400 Taxes $89,300 $89,3001 1 Bed 1 Bath 797 $2,650 $2,650 $2,650 $2,650 Turnover Costs $0 $01 2 Bed 2 Bath 876 $2,940 $2,940 $3,000 $3,000 Pool $0 $0
13 Actual $31,625 Market $33,875 Reserves $0 $0
Internet $550 $550 Total $122,082 $122,959Parking & Storage Income $425 $425Total Monthly Other Income $975 $975 Total Per Est Sq Ft: $12.06 Total Per Est Sq Ft: $12.14
Total Per Unit: $9,391 Total Per Unit: $9,458Total Rental & Other Income $32,600 $34,850 Total Per GSI: 31% Total Per GSI: 29%
Annual Operating ProformaGross Rental Income $379,500 $406,500Plus Other Income $11,700 $11,700 Down Payment 55% $4,180,000Gross Scheduled Income $391,200 $418,200 Interest Rate 3.50% *Less: Vacancy Factor 3.0% $11,385 $12,195 # of Years Amortized Over 30Gross Operating Income $379,815 $406,005 Proposed Loan 0 $3,500,000Less: Operating Expenses $122,082 $122,959 Loan Points 0%Net Operating Income $257,733 $283,046 Other Loan Costs $0Less: First TD Payments ($188,599) ($188,599) Debt Coverage Ratio Current 1.37 Market 1.50Pre-Tax Cash Flow $69,134 $94,447 *Assumable 7 year fixed loan from Oct 2017 at 3.5%. Cash On Cash Return 1.65% 2.26%Principal Reduction $67,169 $67,169Total Potential Return 3.3% 3.9% Name: Dave Savage CalBRE# Down Payment $4,180,000 $4,180,000 Phone: 619-300-8090 Email: [email protected]
Down Payment Amount:
Loan Amount:
Webpass Internet
3.72% $584,615 $750.62
Pest ControlMaintenance
# Units Address State Yr Built APN13 CA 2017 445-552-15-00
CAP Rate %4017 Georgia St
Market
Wrt & SwrLandscaping
Trash
Estimated Average Monthly Income Analysis Estimated Operating Expenses
Mgt-Off Site
Mgt-On SiteGas & Elec.
$7,600,000
0069499
TaxesTurnover CostsPoolReserves
Total
Financing Information
Contact Information
$ / Unit $ / Sq Ft
Insurance
Price
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
AREA OVERVIEW
92103
92104
The subject property is conveniently located near Florida Street, a designated separation zone between the San Diego
neighborhoods of Hillcrest to the west and North Park to the east. This strategic location offers a convenience to tenants, allowing
them immediate access to some of the finest dining, shopping, and recreational experiences in the region. The property also boasts
close proximity to the Balboa Park, known the world over as the home of the San Diego Zoo which recently celebrated its 100 Year
Anniversary. Residents can take advantage of the zoo as well as other local recreational activities in Balboa Park including the Fleet
Science Center, the San Diego Air & Space Museum, and the Old Globe Theater. On-site hiking and walking trails are also ideal for
residents who are focused on healthy living.
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
AREA OVERVIEW - HILLCREST
Known by locals for its warm, welcoming spirit and energized community, Hillcrest is a prime example of San Diego living. With a main
street district lined with 1950’s style storefronts colorful awnings, one-of-a-kind boutiques, salons, and great restaurants, the
neighborhood has become renowned for offering many unique experiences. The area also plays host to the largest farmer’s market
in San Diego offering the perfect space to buy and sell local produce and crafts. The historic neon sign located in the neighborhood’s
“village” along University Avenue welcomes visitors to even more vintage clothing and book stores, as well as the Landmark Cinema
multiplex knowns for showcasing independent and foreign films.
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
AREA OVERVIEW - NORTH PARK
Densely populated with over 11,000 residents per square mile, the San Diego neighborhood of North Park is a vibrant, lively community
recently voted one of the best hipster communities in the nation. North Park has gained notoriety for a plethora of breweries and pubs
near the intersection of University Avenue and 30th Street, which many claim to be the “best beer neighborhood in the nation”. In
addition to great area shopping and dining, visitors are welcome to explore a number of unique entertainment venues including art
galleries and live performances along Ray Street, as well as the historic Observatory North Park in the business district.
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
SAN DIEGO OVERVIEW
Sources: US Census; SANDAG
SAN DIEGO COUNTY ECONOMIC HIGHLIGHTS
Stretching over 4526 square miles and with a population of over 3.29 million (estimated to reach 4 million by
the year 2020), San Diego County has the distinction of being the second most populated California County
surpassed only by Los Angeles.
By being within a short drive of beachfront views, rugged hills and mountains, or low dry deserts, the region
offers a wide variety of terrain to explore and inhabit. This diversity also extends to a population who bring their
cultural and personal flair to America's Finest City.
Population Distribution Income Distribution Household Type
Central San Diego
43.0%
East San Diego
7.52%
Unincorporated Area
15.5% North San Diego
23.2%
South San Diego
10.7% $100K-$149.9K
24.2%
<$15K-$29.9K
14.6% $150K>
23.2%
$30K-$59.9K
15.7%
$60K-$99.9K
22.3%
Single Family Detached
45.2%
Mobile Homes
3.3% Single Family Multiple
12.7%
Multiple Family
34.1%
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
SAN DIEGO OVERVIEW
SAN DIEGO COUNTY INDUSTRY HIGHLIGHTS
Seen by many as a must see tourist destination due in part to its Mediterranean
climate, seasonal special events, and cultural touchstones, San Diego offers a wide
variety of educational and job opportunities. Currently maintaining 5.6% total
unemployment, and with a population of 35.1% holding a bachelor’s degree or
higher, San Diego is able to offer a wide range of job options.
From career opportunities in biotechnology, telecommunications, or
manufacturing, to a long-standing relationship with the US Navy, San Diego has
solidified itself as a hub for innovation and long term vision. This drive for betterment
has helped the region to expand its transportation Infrastructure and continue to
offer improvement and recreation for residents and visitors alike.
Transport, Utilities, & Warehouse
2.28% Construction
4.76%
Financial Activities
5.29%
Manufacturing
7.02%
Trade (Wholesale/Retail)
14.62%
Government
17.87%
Services
48.13%
Key San Diego Industries
The Department of Defense & U.S. Navy
A prominent presence in the Port of San Diego the defense industry
accounts for nearly 22% of regional jobs for both service members and
civilians alike.
City and County Government
Accounting for over 40,000 jobs in the region. Employees serve the
community by offering some of the award-winning efficiency and
innovation in the country.
Technological Innovation
Known as the de-facto home base of Qualcomm Inc. and the home
of many biotech innovations, San Diego is constantly striving to move
technology forward.
Health Care & Research
Developing ways to heal or care for people more effectively is the
mission of all the 34,000+ healthcare jobs available throughout San
Diego County.
Unified & Higher Education
San Diego prides itself on the reputation it has gained in its
educational programs. From the various county unified school districts,
to programs at SDSU and UCSD. Sources: US Census; EDC; SANDAG; Alphabet,
Lisa Halverstandt - VoiceofSanDiego
SDSU
34,254
UCSD
33,735
USD
8251
National University
17,608
City College
18,549
Mesa College
25,972
Point Loma Nazarene University
3480
San Diego Job Opportunities - Type Breakdown
San Diego Area Colleges - Total Students
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Georgia On My Mind - 4017 Georgia St
SAN DIEGO OVERVIEW
SAN DIEGO COUNTY INFRASTRUCTURE HIGHLIGHTS
San Diego Water Port
Railroads • AMTRAK (e.g. Pacific Surfliner)
• The Coaster
• Metrolink
• San Diego/Arizona Eastern Railway
• San Diego/Imperial Valley Railroad
Local and Light Rail • North County Transit District
• San Diego Metropolitan Transit System
• San Diego Trolley
• Sprinter
At the heart of San Diego’s economy is a dynamic network of hubs for both local
and commuter travel. Drivers can utilize Interstate 5, 15, and 805 in the north-
south direction and the Interstate 8 in the east-west direction connects the
county to Los Angles and Yuma. Locals and visitors take full advantage of an
extensive rail system including the AMTRAK Surfliner, Metrolink, The Coaster, and
Sprinter for inter-city travel. The San Diego Trolley system can also be utilized for
travel to specific locations including the San Diego Convention Center,
Qualcomm Stadium, and Petco Park.
San Diego County also offers eight local and international airports allowing for
international travelers to take advantage of tourist destinations in America’s
Finest City. A particularly visited location for the area is the Port of San Diego
conveniently located along San Diego Bay. Visitors can enjoy access to the
Embarcadero with a number of unique food and recreational offerings. The Port
of San Diego also acts as the economic heart for the region, offering industry
opportunity for maritime, international, and local jobs and products.
San Diego Airports
International Airports • Lindbergh Field (San Diego International Airport)
Local Airports • Gillespie Field - El Cajon
• Montgomery-Gibbs Field - San Diego
• McClellan-Palomar Airport - Carlsbad
• Agua Caliente Airport
• Borrego Valley Airport
• Fallbrook Airport
• Oceanside Municipal Airport
San Diego Rail System
• Port of San Diego
Sources: EDC; SANDAG; sandiegocounty.gov
©2018 Apartment Consultants, Inc. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
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