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Listed by: Andrew Richardson (805) 781-6040 DRE #01872187 | Central Coast Sotheby's International Realty (805) 781-6040
$4,100,000
9 Beds
- 12 Baths
7,524sqft
135 Ferrini Rd, San Luis Obispo, CA 93405
$4,100,000
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Apartment
Built in 2018
$-- HOA
8,100 sqft lot
$545/sq.ft
Description
Located just minutes from Cal Poly and downtown San Luis Obispo, 135 Ferrini Rd presents a rare opportunity to acquire a 5 unit fully leased, purpose-built student housing investment completed in 2018. The property is currently generating $24,775 in monthly gross income ($297,300 annually) and offers modern construction, efficient floor plans, and strong in-place cash flow. Ideally situated in one of San Luis Obispo's most desirable rental locations, the property provides convenient access to Cal Poly, downtown, shopping, restaurants, public transit, nearby parks, and some of the area's most popular outdoor recreation, including the Bishop Peak and Madonna Mountain trail ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
2018
HOA Fees
-
Finished Area
7,524 sqft
Lot Size
8,100 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SC26142002
MLS Status
Active
Days on Market
49
Cumulative Days on Market
11
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