Apartment Buildings /CA /San Luis Obispo County /San Luis Obispo /687 Islay St
Apartment Buildings /CA /San Luis Obispo County /San Luis Obispo /687 Islay St

687 Islay St - Apartments FOR SALE


San Luis Obispo, CA 93401 | 
$3,600,000 USD
805-801-3232
687 Islay St, San Luis Obispo, CA for Sale
$3,600,000 USD
Apartments - FOR SALE
1/47
null | 3.38% Cap Rate
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687 Islay St
San Luis Obispo, CA 93401

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HIGHLIGHTS

  • Location near downtown, large lot size, additional development possible
  • nice units, lots of light
  • 7 garages with concrete floors currently used as storage for Owner, one is for tenants bikes

OVERVIEW

Tenants all month to month, most are long standing tenants. Fully rented and highly desirable. Range of rents and unit sizes.229 to 774 sq ft.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$611 USD /SF

# OF UNITS

9

PRICE/UNIT

$400,000

CAP RATE

3.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

R2

APN/PARCEL ID

003-631-006

ASK ABOUT THIS PROPERTY

Linda WilsonCentral Coast Sotheby's International RealtyMore Info
805-801-3232

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Linda WilsonCentral Coast Sotheby's International RealtyMore Info
805-801-3232

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

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