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$ 2,150,000
Est. payment | /mo
0.33 Acres Lot
$ 2,150,000
Est. payment | /mo
0.33 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82018573
HOA Y/N No
Year Built 1970
Annual Tax Amount $24,080
Lot Size 0.326 Acres
Property Description
6% Cap Rate. 470 Reservation Road in Marina CA is a six-unit apartment complex that consists of all large two bedroom / one bath units. The ground floor units have fenced yards, there is a laundry room on site, and there are six carport parking spaces. The property has a +/- five year old roof, was painted, and the interiors have been updated (kitchen/bath/flooring/ paint). The property has a very strong rental history. Financials available upon request.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Multi-Family Residential
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Roof Type Flat,Mansard
Total Parking Spaces 3
Building
Water Public
Schools
School District Other
Others
Tax ID 032131047000
Special Listing Condition Standard
Listed by Patrick Stafford Baird Partnership, Inc.
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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