805-698-0174
, San Luis Obispo, CA for Sale
Multi-Family - FOR SALE
1/23
null | Request Cap Rate

Student Housing Portfolio
San Luis Obispo, CA


HIGHLIGHTS

  • 104 total units.
  • Total average bed occupancy: 243
  • Total building size: approx. 87,044 SF.
  • Total land size: approx. 194,896 SF.
  • Zoning: R3/R-4
  • Unit mix: (36) 1BD/1BA; (63) 2BD/1BA; (5) 3BD/2BA | Approx. 150 total parking spaces (~1.44/unit)

OVERVIEW

104 units across three properties, adjacent to California Polytechnic State University, San Luis Obispo. Ranging from 20 – 49 units and offering an ideal unit mix with 60% of the total units as 2 bedrooms. Spacious floorplans including approximately 625 SF 1 bedrooms, 800 SF 2 bedrooms and 1,280 SF 3 bedrooms (Westmont Apartments). Zero vacancy across these assets from 2021 – 2024. Full Offering Memorandum & access to Due Diligence folder available upon signed NDA.

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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.