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Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Pr City Limits West(120)
MLS Listing ID PR1049200
Sold Date 07/01/15
HOA Y/N No
Year Built 1984
Lot Size 9,583 Sqft
Property Description
Marketing Remarks: Great Investment Opportunity at a 6% CAP RATE! Most of the units have been remodeled and fresh paint outside. This well-maintained 4 & 5 Unit apartment complex offers 8 units with 2 bedrooms, 1 bathrooms of approximately 1,000+/- sq. ft. each and 1 new studio unit approximately 700+/- sq. ft. A new roof was installed within the last 5 years. New tile floors and granite counters in several units. Other features include 8 individual garages and all are individually metered. Located close to downtown Paso Robles and walking distance to the Fairgrounds. There is a waiting list for the 2 bedroom units.
Location
State CA
County San Luis Obispo
Zoning APT,R2
Interior
Interior Features Central Vacuum
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered, Private
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Phone Connected
Roof Type Shingle
Building
Lot Description Paved, Sprinkler System, Street Level
Story Two
Entry Level Two
Foundation Slab
Level or Stories Two
Others
Tax ID 008247020
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
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Bought with David Crabtree • Home & Ranch Sotheby's Intl
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