This property is Off-Market
271/291 S Halcyon Rd
Arroyo Grande, CA 93420 ·
26 Units · Multifamily For Sale
Jade & Onyx Apartments
|No. Units||26||Gross Rent Multiplier||10.36|
|Building Size||18,490 SF||No. Stories||2|
|Property Type||Multifamily||Year Built||1962|
|Property Sub-type||Garden/Low-Rise||Lot Size||35,744 SF|
|Property Use Type||Investment||APN / Parcel ID||006-544-024|
|Listing ID: 17754098||Date Created: 07/18/2012||Last Updated: 04/25/2013|
The Jade and Onyx apartments are two separate (2)-story walk up apartment buildings in the desirable community of Arroyo Grande. The properties are just a few minutes for Old town Arroyo Grande or a quick drive down Grand Ave to Pismo State Beach and Pismo Dunes. Each building sits on a separate lot (with APN) and features separate courtyards and carports. Total unit mix is (13)-2Bed/1Bath & (13)-1Bed/1Bath with rents below market. The Jade and Onyx apartments have great income upside and are priced well below replacement cost. This investment won' t last. One seller is a licensed CA real estate agent.
Arroyo Grande is located midway between Los Angeles and San Francisco and has a pleasant year-round climate. The city is nestled between the Pacific Ocean, beautiful foothills, lakes, and world-class wineries, covering 5.45 square miles, with a population of 17,252.
Once in Arroyo Grande, take Halcyon south from Grand Avenue. Property is located about 1-1/2 blocks on the east side of Halcyon.
- Two apartment buildings in the desirable community of Arroyo Grande
- Good upside in rents
- Near Pismo State Beach and Pismo Dunes
- Two separate APNs
271/291 S Halcyon Rd, Arroyo Grande, CA 93420 (San Luis Obispo County)
Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property
Arroyo Grande Market Trends - Asking price index trends, sale price trends, asking rent trends
Demographics - Review demographics in this neighborhood
Not exactly what you're looking for? Start a new custom search to find the perfect property
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.