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2994 S Higuera St
San Luis Obispo, CA 93401
Shady Lane MHP and Apts · Multifamily Property For Sale
·
10,850 SF
Investment Highlights
- Less than 4 minutes to the heart of Downtown San Luis Obispo
- Solid upside
- Very Strong Rental demand
Property Facts
Amenities
Site Amenities
- Laundry Facilities
About 2994 S HIGUERA ST , SAN LUIS OBISPO, CA 93401
Shady Lane is located on South Higuera Street in San Luis Obispo. The property consists of a duplex with 2-2 bedroom, 1 bath units, a 1 Bedroom, 1 Bath apt and 15 spaces. The duplex, apartment spaces 4, 9, and 10 have been remodeled. The sales price includes a new 2 Bedroom, 1 bath home rented at $2,100 and a newer park model renting at $1,450. Only two of the tenants currently pay for water, sewer and trash. The property is 100% Occupied. Three spaces are subject to rent control. The park is on City Water and Sewer. The park is located in an area of very strong rental demand and if a unit is available will have several applicants in a day.
Property Taxes
| Parcel Number | 053-041-014 | Improvements Assessment | $180,405 |
| Land Assessment | $2,122,416 | Total Assessment | $2,302,821 |
Property Taxes
Parcel Number
053-041-014
Land Assessment
$2,122,416
Improvements Assessment
$180,405
Total Assessment
$2,302,821
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