435 E Newlove Dr - Apartments FOR SALE


Santa Maria, CA 93454
$2,199,000 USD
805-680-6431
435 E Newlove Dr, Santa Maria, CA for Sale
$2,199,000 USD
Apartments - FOR SALE
1/7
null | 4.83% Cap Rate

435 E Newlove Dr
Santa Maria, CA 93454


HIGHLIGHTS

  • 2 Car Garage Per Unit
  • Private Balconies & Back Patios
  • Close to Betteravia Shopping Area

OVERVIEW

This 6-unit apartment building consists of all 2-story, 3Bed/2.5Bath townhouse units, each with a 2-car garage and laundry hookups. Located on over a half-acre lot, the property is conveniently situated near Enos Ranch and the Betteravia Rd shopping area, providing tenants with easy access to shopping and local amenities. The property also offers strong potential with extra space at the back of the lot that could allow for the construction of additional units. A great opportunity for investors seeking to add value.

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,500

CAP RATE

4.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

R2

APN/PARCEL ID

128-073-002

ASK ABOUT THIS PROPERTY

Steve BattagliaBattaglia Commercial Real EstateMore Info
805-680-6431

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Steve BattagliaBattaglia Commercial Real EstateMore Info
805-680-6431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.