The property consists of 5 buildings, each two story with wood frame and stucco construction. The property has been extremely well maintained and has had many recent improvements to both the exterior and interiors of the property. The individual units are well sized with one bedroom and two bedroom units. Common areas include storage, a swimming pool, laundry facility, and leasing office. The landscaping is impeccably lush and includes a greenbelt in rear of property, potential for additional units.

Location Description:

The property is conveniently located near parks, schools, major retail, and employment in Arroyo Grande, California.

Highlights:

>> 28 Units

>> Well Maintained

>> Less than replacement cost

>> Located in mixed Single & MF neighborhood

>> $187,500 per unit, nearby homes selling $500k plus!

>> A Location and above average sized units

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Sales Info:

>> Commision split: 3.0%