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This Multifamily Property is no longer advertised on LoopNet.com.
546-550 Higuera St
San Luis Obispo, CA 93401
Downtown Terrace · Multifamily Property For Sale
·
34,500 SF

Investment Highlights
- Brand New Construction
- Redevelopment of an older mobile home park resulting in lower property tax assessment
- Assumable Loan from Freddie Mac ($12,4million at 3.16%, 30 year amortization due in 2030)
- Unique Mobile home park sale includes land and the residences
- Located in the heart of Downtown San Luis Obispo offering numerous amenities within walking distance
- Controlled Access for Tenants and their guests
Property Facts
| No. Units | 60 | Lot Size | 1.21 AC |
| Property Type | Multifamily | Building Size | 34,500 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 2020 |
| Zoning | CR - The development of Downtown Terrace was under the jurisdiction of the California Department of Housing and Community Development not the city of SLO. | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 34,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2020 |
| Zoning | CR - The development of Downtown Terrace was under the jurisdiction of the California Department of Housing and Community Development not the city of SLO. |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
Site Amenities
- Fenced Lot
- Gated
- Grill
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 12 | - | - |
| 2+1 | 36 | - | - |
Property Taxes
| Parcel Number | 002-402-029 | Improvements Assessment | $117,798 |
| Land Assessment | $579,446 | Total Assessment | $697,244 |
Property Taxes
Parcel Number
002-402-029
Land Assessment
$579,446
Improvements Assessment
$117,798
Total Assessment
$697,244
Listing ID: 21881363
Date on Market: 1/2/2021
Last Updated:
Address: 546-550 Higuera St, San Luis Obispo, CA 93401
The Multifamily Property at 546-550 Higuera St, San Luis Obispo, CA 93401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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