Historical Multifamily Sale Listing - Opal Apartments

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Opal Apartments

805 Dodson Way, Arroyo Grande, CA 93420

N/A

11 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
11
Building Size:
9,200 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
4.14%
Gross Rent Multiplier:
14.64
Occupancy:
100%
No. Stories:
2
Year Built:
1975
Lot Size:
22,000 SF
APN / Parcel ID:
006544025
Listing ID
15593447
Last Updated
over 1 year ago

Description

Lots of upside potential in this charming 11 unit complex close to the historic village of Arroyo Grande. Always rented, rents rarely raised since 2004. Property is comprised of 2 buildings with 8-1 bedroom units and 3-2 bedroom units. There is a coin operated laundry room and 2 banks of carports with additional uncovered and street parking. Located on a quiet tree lined street.

101 Freeway to Arroyo Grande, exit on Halcyon. South on Halycon and west on Dodson Way.

Map of 805 Dodson Way, Arroyo Grande, CA 93420 (San Luis Obispo County)

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