The subject property is a 10 unit coastal apartment property offering a stable operation, efficient unit mix of all one bedroom units with excellent cash flow potential. The property is located only 0.4 miles to the beach with easy access to shopping, restaurants, and entertainment in the Village of Carlsbad. Additionally, Carlsbad Parks & Recreation, Park Avenue Park and Chase Field are all located within 3 blocks from the subject property offering picnic areas, playgrounds, soccer fields, baseball diamonds, and a large grass field. It is a great residential neighborhood for kids. Not only does this property offer tenants many close by amenities, it also offers investors excellent cash flow potential at market rental rates.