This property is Off-Market

Sea Grape Dr.
San Pedro, BZ 55555 ·

15 Units · Multifamily For Sale

N/A

Print

Julia Gardens

Price N/A Property Sub-type Garden/Low-Rise
No. Units 15 Property Use Type Investment
Building Size 800 SF Cap Rate 10%
Property Type Multifamily
Listing ID: 17577214 Date Created: 03/18/2012 Last Updated: 03/30/2013

Description

The 3 story structure consists of 12 small one bedroom units, 2 large one bedroom units and a two bedroom two bath penthouse on the 3rd floor. There is a separate 2 story bodega used for storage on the property. Not much extra land space as the building footprint occupies about 85% of the area. All the units are rentable however, they are in various stages of being refurbished as the owner is making a transition to a hostel facility to increase the cash flow.
The property was originally constructed to house medical students until the school closed several years ago.

Located about a mile south of downtown San Pedro. Just across the street from Xanadu Resort, one block from the Beach.

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)