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60 Casa Street, San Luis Obispo, CA 93405

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60 Casa Street
San Luis Obispo, CA 93405

For Sale: $21,000,000

Property Type: Commercial Apartments
MLS#: PI18055450

  • Building Size: 23370 SF
  • Lot Size: 61419.6 SF
  • Number of Units: 32
  • Year Built: 1984
  • Days on market: 256
  • Cap Rate: 2.90
  • Net Operating Income: $572,750
  • Gross Scheduled Income: $913,740
  • Rent Control: No
  • GRM: 22.00
  • Contact Listing Agent Direct:
  • Dick Keenan, Keller Williams Realty Central Coast

Property Description

Student housing complex very close to Cal Poly, SLO. 32 units in 7 buildings. Townhome style units are 2 bedroom 2.5 bathrooms. One unit is a 3 bedroom. All units remodeled with granite counter tops and hardwood floors. There are approximately 60 total parking spaces, 6 of which are covered. There is a common area located at the interior side of the buildings with BBQ pits and a picnic area. There is an onsite laundry room. This student housing complex is just .25 miles from Cal Poly and 8 miles from Cuesta College. Sierra Vista Medical Center is on the same block. All units are rented unfurnished and on 1 year leases.

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60 Casa Street, San Luis Obispo, CA 93405

Based on information from California Regional Multiple Listing Service, Inc. as of March 10, 2018. 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.

Listing provided by: Dick Keenan, Keller Williams Realty Central Coast

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