805 Dodson WAY Active

Arroyo Grande,CA 93420

$ 4250000

- Bed

- Bath

7791 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,791 sqft

Price per Sqft $545

MLS Listing ID PI24182241

Year Built 1975

Lot Size 0.505 Acres

Property Description

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.

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Rooms

Ensuite Laundry Common Area,Laundry Room,See Remarks

Interior

Laundry Location Common Area,Laundry Room,See Remarks

Heating Wall Furnace

Cooling None

Laundry Common Area,Laundry Room,See Remarks

Exterior

Fence Excellent Condition,Wood

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Composition,Shingle

Building

Lot Description 11-15 Units/Acre,Level,Paved,Sprinkler System,Street Level

Story 2

Water Public

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

View More
Favorite Go Tour