164 S Mallagh St
Nipomo, CA 93444
Price Street Commons · Multifamily Property For Sale · 7 Units

NOW $1794000 Investors, your time has come! Supreme investment arrives with SEVEN UNITS TOTAL 16 total bedrooms with 13 bathrooms including 5 newly-built stand alone residences. They'll be finished in 2nd quarter of 2019! Newly built buildings include new micro-community that is focused on sustainable communal living and recapturing the vision of the American suburban neighborhood. Located at the corner of Price & Mallagh in Nipomo, CA this development will include 5 single family homes available in both a 2 bedroom and 3 bedroom configuration. All units include a private yard and open up to a public common space. Leases will begin in Q2 2019. Also approved for one more unit with utilities already installed. Just when you thought you heard it all, there's also a separately-metered renovated two bedroom home and separately-metered additional one bedroom home. Current rents are $1500 and $900 for two and one bedroom homes respectively. The work-load of new construction remains in its final stages! The early investor-bird gets the worm so drive by, then arrange your agent to write an offer today subject to viewing. Get yourself in gear with an accepted agreement with the seller today. Basque with your accepted offer and have the enjoyment of watching the final finished product final touches completed. Owner will carry note with 30% down.