Julian Income Properties FOR SALE


Julian, CA
$3,129,000 USD
619-750-3558
, Julian, CA for Sale
$3,129,000 USD
FOR SALE
1/61
null | 6.34% Cap Rate

Julian Income Properties
Julian, CA


HIGHLIGHTS

  • Current Income Properties in the heart of Julian
  • Clean, beautifully renovated with highly rated stays
  • Steps from Main Street

OVERVIEW

This portfolio allows the buyer to be the housing king of this charming mountain town. The combined total of rental unit portfolio equals 17. Always a tourist favorite, one of the dark secrets of the town is that it lacks sufficient affordable housing for the local residents. Occupancy is always very high due to this lack of rentals and the attractive price point of our product. One property, the Julian RV and resort, has four recently remodeled apartments. The three completely remodeled, two- 2 bedrooms and one 1 bedroom residences are located in the Old Schoolhouse building. It also contains 9 licensed RV spaces as well as a 5000 sq.ft., buildable lot, zoned for multi family that would hook up to city sewer. The second property at 2603 C Street, is an active and successful Airbnb. Affectionally called the Painted Porch, back in the day, the seller has completely remodeled the property, creating four upgraded units that rent before other offerings in the area because, like the RV resort, is just steps the main street in town, and come with very desirable parking options. Can be sold as a a portfolio or separately. Additional financials provided upon request. 2015-21 2nd Street- $2,200,000 17 units, four apartments and 9 RV spaces 2603 C St- $929,000 4 Airbnb units

ASK ABOUT THIS PROPERTY

Anthony NapoliAMN Real Estate Services, IncMore Info
619-750-3558

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Anthony NapoliAMN Real Estate Services, IncMore Info
619-750-3558

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