4609 10th St - Apartments FOR SALE


Guadalupe, CA 93434
$5,700,000 USD
805-441-0969
4609 10th St, Guadalupe, CA for Sale
$5,700,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

4609 10th St
Guadalupe, CA 93434


HIGHLIGHTS

  • Located in the heart of downtown Guadalupe
  • Strong development controls and high barriers to entry contribute to limited housing inventory and thus rental stability.
  • The property has had consistent year-over-year rent increases and low vacancy rates.

OVERVIEW

Solid in-place rents and consistent occupancy offer investors a stable long-term investment. Investors can also capitalize on continued population and income growth along the Central Coast, coupled with the enduring desirability of coastal apartment assets. Lastly, each apartment building is assigned its own APN-- offering investors the optionality of converting the property to condominiums and selling units individually.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

21

PRICE/UNIT

$271,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

X

APN/PARCEL ID

115-270-001,115-270-002,115-270-003,115-270-004,115-270-005,115-270-006,115-270-007,115-270-008,115-270-009,115-270-010,115-270-011,115-270-012,115-270-013,115-270-014,115-270-015,115-270-016,115-270-017,115-270-018,115-270-019,115-270-020,115-270-021

ASK ABOUT THIS PROPERTY

Brian LaCabePacifica Commercial RealtyMore Info
805-441-0969

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Brian LaCabePacifica Commercial RealtyMore Info
805-441-0969

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