Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.
Mls | PI24189209 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1975 |
Days On Site | 89 |
Listing Provided By | BHGRE Haven Properties 805-592-2050 | Christa Lowry |
Sq Feet | 7,791 |
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Car Port | Yes |
Storys | 2 |
Units | 11 |
Buildings | 2 |
Zoning | R3 |
Acreage | 0.51 |
Property View | Yes |
State | CA |
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County | San Luis Obispo |
City | Arroyo Grande |
Zip Code | 93420 |
Area | AG West of Hwy 101 |
Listing VS Median (in 93420) | |
Price: $4,150,000 low | high Med: $1,125,000 SqFt: 7,791 low | high Med: 1,833 $ / SqFt: $533 low | high Med: $614 On Site: 89 low | high Med: 111.000000 |