This property is Off-Market

805 Dodson Way
Arroyo Grande, CA 93420 ·

11 Units · Multifamily For Sale

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Opal Apartments

Price N/A Cap Rate 4.14%
No. Units 11 Gross Rent Multiplier 14.64
Building Size 9,200 SF Occupancy 100%
Property Type Multifamily No. Stories 2
Property Sub-type Garden/Low-Rise Year Built 1975
Property Use Type Investment Lot Size 22,000 SF
Commission Split 2.5% APN / Parcel ID 006544025
Listing ID: 15593447 Date Created: 03/03/2008 Last Updated: 12/31/2008

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.

Research

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

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