$1,587,600
$1,699,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
213 E COLLEGE AVE Lompoc, CA 93436
11,120 SqFt
Key Details
Sold Price $1,587,600
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,120 sqft
Price per Sqft $142
MLS Listing ID V0-216005914
Sold Date 09/13/16
HOA Y/N No
Year Built 2004
Property Description
Rare investment opportunity to acquire a 2004 built big 9-unit apartment complex located in the city of Lompoc in northern Santa Barbara CO. 5.35% CAP Rate on actual rents. Features (8) spacious townhouse style 3 bed, 1.5 bath units and a detached 6 bed, 2.5 bath house. Each unit has a private patio, attached 2-car garage containing laundry hookups, individual water heaters and forced air heating. Separate electric, gas meters. Convenient location within blocks of shopping, Lompoc H.S. and buslines. Tentative plat map in place allowing for condo conversion in place through end of 2016.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Zoning R3
Rooms
Ensuite Laundry InGarage
Interior
Laundry Location InGarage
Flooring SeeRemarks
Fireplace No
Laundry InGarage
Exterior
Garage Spaces 20.0
Garage Description 20.0
View Y/N No
Total Parking Spaces 20
Private Pool No
Building
Story Two
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 087132005
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Hani Geske • HCG Property Management
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442