Villa Caprice Apartments is located in the coastal community of Downtown Oceanside. The property has an excellent unit mix with primarily 2-bed/1-bath units and an interior courtyard that creates a sense of community. The offering is a true value-add opportunity with the option of upgrading unit interiors to achieve substantially higher rents. There is also potential to convert seven (7) existing garages to two (2) Accessory Dwelling Units, thereby increasing the income and number of units for a new owner. Located west of Interstate 5, the property is less than a half mile to Oceanside's beautiful sandy beaches. Further, the property is less than a half mile from the NCTD Sprinter Coast Hwy Station and approximately one-mile from the Oceanside Transit Center. Oceanside is experiencing increased growth and vitality with new businesses, resorts and restaurants opening in the immediate area.