ALL 2-Bedroom Townhomes 109 San Juan Grade Rd 12 Unit Apartment Building $3,690,000 ($307,500/Unit) 5.82% Cap Rate Salinas, CA 93906

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109 San Juan Grade Road presents an attractive multifamily investment opportunity in Salinas, California. The property features a highly desirable unit mix consisting entirely of two bedroom, one and a half bathroom townhome style units, a layout that consistently attracts long term tenants and supports strong rental demand. The asset offers strong in place income with significant rental upside, providing investors the opportunity to increase cash flow through continued rent growth and operational improvements.
Located in a well established Salinas neighborhood, the property benefits from the city’s diverse and stable employment base driven largely by the agricultural industry, which serves as the economic backbone of the region. Often referred to as the “Salad Bowl of the World,” Salinas is home to major agricultural producers, food processing companies, and distribution centers that provide consistent employment and support year round housing demand.
109 San Juan Grade Road offers investors the opportunity to acquire a stable income producing asset with an exceptional unit mix and long term upside in one of Monterey County’s most active rental markets.