6597 Trigo Rd - Apartments FOR SALE


Goleta, CA 93117- Isla Vista
$4,300,000 USD
805-698-0174
6597 Trigo Rd, Goleta, CA for Sale
$4,300,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

6597 Trigo Rd
Goleta, CA 93117
Isla Vista


HIGHLIGHTS

  • New windows & updated cabinetry.
  • NOI: $227,784 (Est. 25/26 Sch.Yr.)
  • Just blocks from University of California, Santa Barbara.
  • Updated backsplash & kitchen countertops.
  • Cap rates: 5.30% (25/26 Sch.Yr.) · 5.38% (26/27 Sch.Yr.)
  • GRM: 12.32 (25/26 Sch.Yr.) · 12.08 (26/27 Sch.Yr.)

OVERVIEW

Wonderfully maintained student housing asset in the heart of Isla Vista, and blocks from the University of California, Santa Barbara, consisting of ten 1 bedroom apartments. Units feature laminate flooring, new windows and updated kitchen cabinetry, backsplash and countertops. Downstairs units have large enclosed patios while upstairs units offer wood beamed ceilings. Exterior of building has recently received fresh paint and landscaping. Tenants enjoy the convenience of a private 10 space parking lot and on-site coin operated laundry. This asset is just a small walk to the beach and Isla Vista’s eateries while being only a block away from UCSB’s campus. This is the perfect opportunity to add student housing to your investment portfolio!

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$846 USD /SF

# OF UNITS

10

PRICE/UNIT

$430,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-Unit Student Housing Near UCSB

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

SR-M-18

APN/PARCEL ID

075-211-001

ASK ABOUT THIS PROPERTY

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

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Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.