7955 Morro Rd - Apartments FOR SALE


Atascadero, CA 93422- Atascadero/Templeton
$2,600,000 USD
805-674-4743
7955 Morro Rd, Atascadero, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

7955 Morro Rd
Atascadero, CA 93422
Atascadero/Templeton


HIGHLIGHTS

  • High traffic counts on Morro Road
  • Curbs, gutters, and sidewalk improvements are complete
  • Water meters are installed
  • Backflow prevention devices are installed

OVERVIEW

This entitled project has completed construction documents for 59 residential units and 3 commercial spaces. The project is shovel ready pending new owner handling minor documentation with the City of Atascadero. 3 story walk up design ensures lower construction costs and the location is prime being less than a mile from the blossoming downtown Atascadero area.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$50 USD /SF

# OF UNITS

62

PRICE/UNIT

$41,935

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Curbaril Corner

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

CP

APN/PARCEL ID

031-161-044

ASK ABOUT THIS PROPERTY

Max ZappasZ Villages Real EstateMore Info
805-674-4743

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

Max ZappasZ Villages Real EstateMore Info
805-674-4743

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