Residential Income Details
Rare opportunity to acquire an asset of this size located in the highly desirable Oak Park neighborhood in the heart Santa Barbara!This beautiful 14-unit apartment complex is just one block to State Street, near Cottage Hospital, Alice Keck Memorial Gardens, Alameda Park, Opal, The Granada Theatre, The Arlington Theatre, Santa Barbara Public Market and so much more. Wonderful unit mix of 14 spacious units: (2) Studios and (12) 1BD/1BA apartments, common laundry room and quaint shared courtyard. Carport has a new roof and the driveway has just been resurfaced. The carport area has a new slurry covering, includes one parking space per tenant and a large storage area within each space. Terrific upside in rents that are below market. CAP Rate, GRM and NOI shown represent proforma. Contact Listing Agents for further details. Offers to be reviewed after August 10th.
|Listing Brokerage||Radius Group Commercial RE|
|Listing Agent||Lori Zahn|
|Listing Agent BRE #||01914851|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, October 12, 2018.
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