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Listed by Craig Lieberman • Apartment Investment Specialis
$ 1,395,000
Est. payment /mo
Active
505 11th Street San Miguel, CA 93451
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $186
MLS Listing ID CRV1-29452
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2008
Lot Size 7,500 Sqft
Property Sub-Type Other
Property Description
Built in 2008, the property shines with pride of ownership--from the sharp curb appeal and newer exterior paint to the solid roof and updated HVAC units. First impressions matter, and this one delivers--whether you're an investor touring the site or a prospective tenant pulling up for the first time. Inside, the units continue to impress with upgraded finishes like custom wood cabinetry, modern countertops, and sleek kitchen and bath appliances. Each unit also includes in-unit laundry with stackable washer/dryers, a tenant favorite that adds everyday convenience. With everything in place and in excellent condition, maintenance needs are expected to be minimal, supporting long-term operational efficiency and strong returns. Unit mix is comprised of (3) 1-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom units.Seller financing available with 80% leverage and 5% interest-only payments for 5 years.
Location
State CA
County San Luis Obispo
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Laundry Closet
Exterior
View None
Building
Lot Description Other
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