Well located 10-unit apartment complex in North-East Santa Maria. Tenancy is currently month-to-month with annual rental increases. Unit mix is mostly 1 bedroom/1 bath with one larger unit on the first floor. Ground floor common laundry room for the convenience of the Tenants.

Sale Details

  • Price: $1,500,000
  • Terms: Cash or CTNL

Property Details

  • Building Size: ±6,936 SF
  • Number of Units: Ten (10)
  • Unit Mix: (9) 1 bdr/1 bth, (1) 2 bdr/1 bth
  • Tenancy: Month-to-Month
  • Occupancy: 100%
  • Number of Stories: Two (2)
  • Est. Annual Gross Income: $119,700
  • APN#: 112-233-018