K STREET APARTMENTS
Multi-Family
Multi-Family, Value-add
2106 K Street, San Diego, CA
Acquisition Date: June 2019
This 9-unit apartment building features one, two, and three-bedroom units. It is very well located in the Sherman Heights neighborhood of San Diego, just east of downtown and the Gaslamp Quarters. The property has been recognized as a Historical Site by the City of San Diego and benefits from favorable tax measures. Units will be renovated as turnover occurs.
939 WASHINGTON APARTMENTS
Multi-Family
Multi-Family
939 East Washington Street, El Cajon,
Acquisition Date: April 2019
This 21-unit apartment complex was acquired in 2019. The property is comprised of all 2-bedroom units surrounding a pool, jacuzzi, and community picnic area. The property is gated and is monitored by an on-site property manager. There is an on-site laundry facility and assigned parking. The units have recently been renovated and feature tile floors, granite countertops and upgraded fixtures and a private balcony/patio.
KANSAS STREET APARTMENTS
Multi-Family
Multi-Family
4602 Kansas Street, San Diego, CA,
Acquisition Date: December 2020
This 47-unit apartment building is located in one of the most desirable San Diego neighborhoods. The gate-secured property consists of one and two-bedroom units surrounding an open courtyard. The property features a pool, gym, club house and on-site management office. North Park Towers was acquired for its value-add potential. The 1971 built complex is currently undergoing a full interior and exterior remodel.
THE POWDER HOUSE
Multi-Family
Mixed Use Commercial/Residential
1060 Broadway, Sommerville, MA,
Acquisitions Date: November 2016
Powder House is an adaptive reuse of a former elementary school that had been shuttered for 12 years.
MarKa Development was awarded the redevelopment project through a public bid process in 2015.
The building’s design preserves and repurposes parts of the original structure, highlighting its industrial-era roots with exposed beams, steel and concrete while opening up the interior with floor-to-ceiling glass that allows for dramatic sight lines to over 19,000 square feet of open space, including courtyards, public green space, art, performance, shopping and gathering places.
Residential spaces flow seamlessly into a new public park designed by GroundView Landscape Architects.
Vibrant small businesses and an “urban museum” public art project consisting of over 70 living murals invite residents and the wider community to live, work, shop, and play.
The building consists of 48 residences including condominiums, market rate and affordable rental units as well as over 23,000 SF of mixed-use office and retail that is located among the residences will be artist live work rentals and 55+ rentals and condominiums.
The project is near completion and we have begun leasing and selling condo units.
CRESTVIEW APARTMENTS
Multi-Family
Multifamily, new development
Located on Sycamore Canyon Blvd In Riverside, CA
Acquisition date: January 2020
BILLBOARD LOFTS SAN DIEGO
Multi-Family
This 24-unit apartment building is located in Downtown San Diego's Little Italy District. It was the recipient of the prestigious Golden Nugget Award and selected as one of the five building for the exclusive Downtown by Design Tour.
LOUISIANA STREET APARTMENTS
Multi-Family
Multifamily, New Development
3917-3919 Louisiana Street, San Diego, CA
Acquisition Date: October 2019
The Louisiana Street Apartments will be a newly constructed five-story, 30-unit building.
The site is in the highly desirable North Park neighborhood.
It sits within San Diego’s Transit Priority Area, which identifies its close proximity to a major transit stop.
This classification allows us to maximize the use of available land.
KA Enterprises is currently engaged with the City of San Diego for entitlement and building permits.
Construction commencement is anticipated in Q4 of 2021.
THE VALLEY BUILDING
Multi-Family
Multifamily, Value-add
1423 Washington Street, Vicksburg, MS
This 1910 historical landmark overlooks the Mississippi River in Vicksburg, MS.
It is on the National Historical Registry and was built in 1909.
KA Enterprises acquired the former department store property with the plans of an adaptive reuse that consisted of 20 high end luxury residential apartments and over 8,000 SF of commercial space.
The completed project is the cornerstone of the vibrant downtown area occupying an entire city block.