94
47
0
0

REMARKS:

Attention Investors! This is a rare opportunity to own a large apartment complex in the city of Paso Robles. Located on the "Gateway" to Paso Robles, this Spring Street corner property includes 6 buildings with 54 apartments. The apartments consist of; (8) one bedroom, one bath, approx. 650 sqft, (42) two bedroom, one bath, approx. 900 sqft and (4) three bedroom, one bath, approx. 1,100 sqft. Including (32) covered parking spaces and additional on-site parking. Coin-operated laundry rooms for additional income. A small office space for management. The complex sits on approximately 2.81 acres and graced by majestic Oak trees. Located in the "Opportunity Zone" and zoned as TC-2 "Town Center Commercial Zoning District". Check with the City of Paso Robles about the possibility to add additional units. The apartments are just a few short blocks away from the downtown core. Paso Robles is known for its world class restaurants, wineries, local Mid State Fair, Vina Robles Amphitheater, and the Equestrian event venue "Paso Robles Horse Park". Paso Robles has made a big name for itself! It is a great place to work, live and vacation! This is a fabulous opportunity to invest in an amazing location and provide much needed homes in a tight and competitive housing market. Information deemed reliable but not verified.

OVERVIEW:

Residential Income
Active Under Contract
PRIC - PR Inside City Limit
PR City Limits West(120)
1953
122403
2.81
Stucco
Raised
Detached Carport,On Site,Parking Space
Wall Furnace
None
Public
Public Sewer
Electricity Connected,Sewer Connected,Water Connected
Corner Lot,Level with Street,Lot Over 40000 Sqft

FEATURES:

Curbs,Gutters
Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)
None
None
Free-Standing Range,Refrigerator
Carpet,Laminate,Wood

FINANCIAL:

8900000

Broker Reciprocity Courtesy of BHGRE Haven Properties, Kim Wurster

 

Data last updated 5:44:24 AM, 06/02/2020

 

Based on information from California Regional Multiple Listing Service, Inc. as of 06/02/2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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