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$2,150,000
Est. payment /mo
0.33 Acres Lot
UPDATED:
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
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Listed by Patrick Stafford Baird Partnership, Inc.