805 Dodson Way - Apartments FOR SALE


Arroyo Grande, CA 93420
$4,150,000 USD
805-710-1687
805 Dodson Way, Arroyo Grande, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/58
null | 3.25% Cap Rate

805 Dodson Way
Arroyo Grande, CA 93420


HIGHLIGHTS

  • Minimal vacancy rates, superior location, refreshed stairs, new paint, updated fences, improved carports, high tenant demand
  • A wealth of nearby amenities, including shopping, dining, and entertainment options

OVERVIEW

Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

11

PRICE/UNIT

$377,273

CAP RATE

3.25%

% LEASED

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

21,998 SF

ZONING

R3

APN/PARCEL ID

006-544-025

ASK ABOUT THIS PROPERTY

Christa LowryBHGRE Haven PropertiesMore Info
805-710-1687

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Christa LowryBHGRE Haven PropertiesMore Info
805-710-1687

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