1399 S 4Th Street

  • Oceano

  • $1,450,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
6.6% CAP on current rents with a 7.1% cash on cash return on $550,000 cash down. Well maintained and easy to operate mini storage in Oceano. Two apartments make it easy to manage. The couple in the two bedroom unit currently show any vacant units and keep the property clean. Extremely low vacancy in the storage market. Located in Oceano adjacent to Grover Beach and Arroyo Grande. A few minutes from the approved Grover Beach Lodge and Convention Center scheduled to break ground late summer of 2017. Please drive by only or contact listing broker for a tour. Do not disturb tenants. See attached marketing brochure.
Essential
MLS #SP17138833
Price Per SqFt$136.53
Sub-TypeIndustrial
CountySan Luis Obispo
StateCA
AreaOCNO - Oceano
StatusPending
Sale TypeStandard
Building StatusExisting
Land UseIndustrial
Listing BrokerageTorelli Investment Realty
Listing AgentGuy Torelli
Listing Agent BRE #00666517

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, August 1, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.