This property is Off-Market

800 24th Ave
Santa Cruz, CA 95062 ·

37 Units · Multifamily For Sale

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Tropicana Apartments

Price N/A Gross Rent Multiplier 8.50
No. Units 37 Occupancy 100%
Building Size 28,694 SF No. Stories 2
Property Type Multifamily Year Built 1957
Property Sub-type Garden/Low-Rise Lot Size 119,267 SF
Property Use Type Investment APN / Parcel ID 028-081-05
Cap Rate 7.22%
Listing ID: 16747537 Date Created: 07/05/2010 Last Updated: 09/24/2010

Description

Very Rare opportunity to purchase a property of this size in fantastic mid Santa Cruz County location. Great unit mix: 8- 1 bed 1 baths, 29- 2 bed 1 baths. Amenities include off street parking, carports, on-site laundry facilities, pool. Walk to areas best beaches and bus line. Low maintence landscaping. Some upside in rents. On site prop manager would like to stay on.

Wonderful mid Santa Cruz county location. Walk to areas best beaches and bus line. Also close to all services,downtown,freeways and BEACH.

Highlights

  • RARE Opportunity to purchase 37 units in Santa Cruz county
  • Walking distance to BEACH
  • Off street parking + carports
  • Pool

Research

800 24th Ave, Santa Cruz, CA 95062 (Santa Cruz County)

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