851 Camino Pescadero | Goleta, CA 93117
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- LoopNet Team
851 Camino Pescadero
Goleta, CA 93117
La Loma Apartments · Multifamily Property For Sale
·
84 Units
INVESTMENT HIGHLIGHTS
- Offering great upside potential!
- Tour dates: April 12–14 · Call to offers: April 21, 2022
- Units: (57) 1BR/1BA; (27) Studios
- Unique opportunity to own one of the largest student housing assets in the Isla Vista Community adjacent to the UCSB campus.
- Offered at $36,000,000 | Units: 84 ($428,571/unit)
- Current Cap rate: 3.08% | Market Cap rate: 4.08%
PROPERTY FACTS
| No. Units | 84 | Building Size | 46,850 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 1.60 AC | Cross Streets | Abrego Rd |
| Zoning | SR-H-20 - High Density Student Residential | ||
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 46,850 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.85/1,000 SF |
| Cross Streets | Abrego Rd |
| Zoning | SR-H-20 - High Density Student Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Grill
- Freezer
- Instant Hot Water
SITE AMENITIES
- Laundry Facilities
- Pool
- Trash Pickup - Door to Door
- Walking/Biking Trails
- Roof Terrace
- Bicycle Storage
- Public Transportation
- Walk To Campus
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 27 | - | 460 |
| 1+1 | 57 | - | 555 |
PROPERTY TAXES
| Parcel Number | 075-052-020 | Improvements Assessment | $22,652,545 |
| Land Assessment | $8,875,943 | Total Assessment | $31,528,488 |
PROPERTY TAXES
Parcel Number
075-052-020
Land Assessment
$8,875,943
Improvements Assessment
$22,652,545
Total Assessment
$31,528,488
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