6565 Sabado Tarde - Apartments FOR SALE


Goleta, CA 93117- Isla Vista
$11,300,000 USD
805-698-0174
6565 Sabado Tarde, Goleta, CA for Sale
$11,300,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

6565 Sabado Tarde
Goleta, CA 93117
Isla Vista


HIGHLIGHTS

  • 19 Total Units | Unix Mix: (13) 1BD/1BA; (1) 2BD/1.5BA Townhouses-style; (5) 3BD/1.5BA Townhouse-style
  • 55 Beds/30 Bedrooms
  • Parking: 19 Spaces (9 Carport/10 Uncovered)
  • '26/'27 Cap Rate: 5.50%
  • NOI: $622,060

OVERVIEW

6565 Sabado Tarde is a two-building, 19-unit student housing asset located just over a block from UC Santa Barbara and one block from the beach — an irreplaceable location that drives strong leasing demand and premium rents. The property offers 55 beds across 30 bedrooms in a mix of (13) 1BD/1BA apartments and six townhomes — (1) 2BD and (5) 3BD — all leased by the unit, allowing for annual rent growth through turnover. The units are presented in turn-key condition with updated interiors, including vinyl plank flooring, refreshed kitchens, and quality appliances. Situated in the heart of Isla Vista, residents enjoy walkable access to campus, beaches, dining, and shopping, while benefiting from the strong demand generated by UCSB’s 26,000-student enrollment.

FOR SALE DETAILS

PRICE

$11,300,000 USD

PRICE/SF

$538 USD /SF

# OF UNITS

19

PRICE/UNIT

$594,737

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sea View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

SR-M-18

APN/PARCEL ID

075-212-009

ASK ABOUT THIS PROPERTY

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

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Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

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