687 Islay St - Apartments FOR SALE


San Luis Obispo, CA 93401
$3,900,000 USD
805-801-3232
687 Islay St, San Luis Obispo, CA for Sale
$3,900,000 USD
Apartments - FOR SALE
1/47
null | 3.44% Cap Rate

687 Islay St
San Luis Obispo, CA 93401


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.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$662 USD /SF

# OF UNITS

9

PRICE/UNIT

$433,333

CAP RATE

3.44%

% 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

-

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.