Time to move this property! Price REDUCED: $2,650,000 effective 2/7/2025!
PRESENT OFFERS !
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RARE OFFERING! PERFECT 1031 OPPORTUNITY. GREAT ADDITION TO INVESTOR'S REAL ESTATE PORTFOLIO. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. DO NOT DISTURB OR APPROACH TENANTS. ALL SELLER DOCUMENTATION IS STRICTLY CONFIDENTIAL. PROPERTY SOLD IN AS-IS CONDITION.
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Full Offering Memorandum, CoStar Analytics & Underwriting Reports available to Buyer executing confidentiality agreement. Interested Prospects are asked to present Broker with signed / dated Letter of Interest and proof of funds (and acquisition debt prequalification, if any) PRIOR to showings. Seller will prepare Purchase Sale Agreement (PSA). Seller will be in a 1031 Exchange requiring Buyer’s cooperation. For those who ask, if Buyer wants to convert property to Airbnb etc., remember that there are lease commitments in place that must be honored.
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**NOTE: 1.50% Buyside commission. Call Listing Broker with questions.
Loan Available through Mike Millett at Pacific Valley Bank.
Escrow shall be with Chicago Title (Monterey)- Denise Johnson.