805 Dodson Way

Arroyo Grande, CA 93420
$4,150,000
0.51 acres | #PI24189209
Courtesy of BHGRE Haven Properties

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.

  • Property Details
      • Interior:CeilingFans
      • View:Neighborhood
      • Stories:2
      • Lot description:DripIrrigationBubblers, Landscaped, StreetLevel
      • Exterior materials:RainGutters
      • Acres:0.5051
      • Property type:Multi-Family
      • Year built:1975
      • Foundation:Slab
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:San Luis Obispo
      • Original List Price:$4, 250, 000
      • MLS #:PI24189209
      • Cost:4150000
      • Property subtype:Apartment
      • MLS #:PI24189209

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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