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3350 BULLOCK San Luis Obispo, CA 93401
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Key Details
Sold Price $7,310,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V0-214017215
Sold Date 09/23/14
HOA Y/N No
Year Built 1976
Lot Size 1.390 Acres
Property Description
The Bullock Garden Apartments is a 49-unit residential community located in the coastal town of San Luis Obispo. This is an ideal opportunity for an investor seeking a quality apartment community in a high rental demand market with immediate upside in revenue. Originally built in 1976, the property consists of(5) separate buildings totaling 29,688 SF on a well maintained 1.39 acre parcel providing a tranquil setting for tenants. The unit mix consists of (16) 2BR+1BA, (32) 1BR+1BA and (1) studio. The original roof was replaced with 40 year composite shingles. There are 79 on-site parking spaces and ample street parking. Each 2 bedroom unit is assigned 2 parking spaces and the 1 bedroom units are allotted 1 assigned space. The laundry room has 7 sets of washers and dryers which are owned and
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R-3
Interior
Flooring SeeRemarks
Fireplace No
Exterior
View Y/N No
Private Pool No
Building
Story Two
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 053071017
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Dan McGregor • Radius Group Commercial RE
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