OCEANSIDE — A downtown eight-story building with 115 studio apartments topped by 64 hotel rooms received the go-ahead this week from the Oceanside City Council,
The Prime Company has been investing its own capital into multifamily real estate since 2005, creating a portfolio worth over $250 million. We now offer private investors the same opportunity to create wealth by investing in our developments.
Our current investment opportunity is a mixed-use apartment complex in vibrant downtown Oceanside, CA. It is conveniently located blocks from the famous Oceanside Pier and Beach where residents can enjoy the surf, sand, and sunsets of a California beach town. The walkable downtown location, just east of the Pacific Coast Highway, allows easy access to cafés, restaurants, and shops. For those who want to see more of The Golden State, The Transit Center is a mere quarter mile from the site, with commuter rail service to Los Angeles and San Diego.
The project is an 8-story, mixed-use complex consisting of 115 apartment homes, 64 hotel units and 12 restricted affordable housing apartments, with ground floor commercial space and a 3-story underground parking garage. Amenities will include an elevated courtyard and pool deck, gym, resident lounge, and community kitchen. The studios will be marketed to young professionals, singles, and military personnel wanting a beach town experience.
Competing developments and for-sale projects have targeted the top end of the market and have priced out many who wish to live the quintessential coastal California beach town life. The Prime Company has an opportunity to provide an opportunity for residents to experience that lifestyle through our unique, high-density design.