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Listed by Christa Lowry • BHGRE Haven Properties
$3,950,000
Est. payment /mo
Price Dropped by $200K
805 Dodson Way Arroyo Grande, CA 93420
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UPDATED:
01/02/2025 06:52 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI-24182241
Year Built 1975
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
Interior
Heating Wall Furnace
Cooling None
Laundry See Remarks, Community, Individual Room
Exterior
Utilities Available Sewer Connected, Electricity Connected
Building
Lot Description Sprinkler System, Level, Level with Street, Paved, 11-15 Units/Acre