3425 Spring St | Paso Robles, CA 93446
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- LoopNet Team
3425 Spring St
Paso Robles, CA 93446
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Stable and predictable income and cash flow
- Well maintained with many recent upgrades
- Very low maintenance
- 12-15% potential upside in rents. 5.25% Pro Forma Cap Rate
- Townhome style units with private patios
- Located in Opportunity Zone
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,006 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | R4 - Multi-family | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 9,006 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R4 - Multi-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Refrigerator
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 008-031-015 | Improvements Assessment | $1,937,553 |
| Land Assessment | $416,736 | Total Assessment | $2,354,289 |
PROPERTY TAXES
Parcel Number
008-031-015
Land Assessment
$416,736
Improvements Assessment
$1,937,553
Total Assessment
$2,354,289
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