240 Spring St | Paso Robles, CA 93446
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240 Spring St
Paso Robles, CA 93446
Vista Robles · Multifamily Property For Sale
·
54 Units
PROPERTY FACTS
| No. Units | 54 | Building Size | 44,636 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1953/2020 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 3.33 AC | ||
| Zoning | TC-2 - Town Center Commercial Zoning | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.33 AC |
| Building Size | 44,636 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2020 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | TC-2 - Town Center Commercial Zoning |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- Courtyard
ABOUT 240 SPRING ST , PASO ROBLES, CA 93446
The unit mix is 42 x 2-bed/1-bath, 8 x 1-bed/1-bath and 4 x 3-bed/1-bath, in 6 garden-style buildings. The annual scheduled income is $1.05M in a total square footage of 44,273sf, with potential for adding value over time. The complex is prominently situated on a 2.8-acre commercially-zoned parcel at Paso Robles’ “Gateway” corner, as the entry point to the region’s boutique wineries, revitalized downtown and the newly improved Spring Street corridor.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,455 | 725 |
| 2+1 | 42 | $1,580 | 825 |
| 3+1 | 4 | $1,755 | 925 |
PROPERTY TAXES
| Parcel Number | 009-291-005 | Improvements Assessment | $7,872,435 |
| Land Assessment | $3,390,302 | Total Assessment | $11,262,737 |
PROPERTY TAXES
Parcel Number
009-291-005
Land Assessment
$3,390,302
Improvements Assessment
$7,872,435
Total Assessment
$11,262,737
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