225 Cypress Ave | Marina, CA 93933
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- LoopNet Team
225 Cypress Ave
Marina, CA 93933
Call for Offers through March 1st 2022 · Multifamily Property For Sale
·
12 Units
Investment Highlights
- The Mosaic Student Housing building at 225 Cypress Ave was delivered in 2021 and offers 64 beds across 12 units and 30 bedrooms.
- Units come fully furnished with atypical high-quality finishes (full kitchens, closet storage, a balcony) and communal indoor and outdoor amenities.
- Located approximately 2.5 miles from CSU Monterey Bay, students can quickly bike (15 minutes), bus (26 minutes), or drive (7 minutes) to campus.
- CSU Monterey Bay plans to nearly double its current student population of 7,545 students, presenting ample opportunity for a new owner.
- On-campus beds at CSUMB are 100%-leased, and the surrounding multi-family communities boast an occupancy rate of 95-97%.
- Calling for offers through 02/24. The property is being offered on an “As-is, Where-is” basis. Any inquiries should be directed to the Colliers team.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Wi-Fi
- Breakfast Nook
- Deck
- Double Pane Windows
- Family Room
- Recreation Room
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Furnished Units Available
- Gameroom
- Wi-Fi
- Storage Space
- Bicycle Storage
- Multi Use Room
- Sundeck
- Public Transportation
Property Taxes
| Parcel Number | 032-311-009-000 | Improvements Assessment | $7,803,000 |
| Land Assessment | $2,601,000 | Total Assessment | $10,404,000 |
Property Taxes
Parcel Number
032-311-009-000
Land Assessment
$2,601,000
Improvements Assessment
$7,803,000
Total Assessment
$10,404,000
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