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$ 4,150,000
Est. payment | /mo
7,791 SqFt
$ 4,150,000
Est. payment | /mo
7,791 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 7,791 sqft
Price per Sqft $532
MLS Listing ID CRPI24182241
HOA Y/N No
Year Built 1975
Lot Size 0.505 Acres
Acres 0.51
Property Description
Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.
Location
State CA
County San Luis Obispo
Area Listing
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected
Total Parking Spaces 11
Building
New Construction No
Others
Tax ID 006544025
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Christa Lowry • BHGRE Haven Properties