Exclusive Carmel mixed-use property, 8 unit apartment complex, High historical occupancy, Limited number of multi-family dwellings in the area, Corner Lot, Parking

The building is first class and designed with lots of natural light. The two story building has a gross size of 5,314 s.f. and a net rentable area is 4,836 on a building pad land of 10,500 s.f. Grat parking with 16 open parking spaces plus street parking on both sides of the street. Onsite improvements consist of beautiful landscaping on a low maintenance auto-drip irigation system. Asphalt-paved driveway and parking lots.

3 story 40 tenant office/retail building anchored by Monterey County Bank. Property is equipped w/ an elevator, air conditioning & common meeting areas. Purchase also includes a 20% interest in parking lots between the Barnyard & Clocktower Plaza. Floor plans and photos can be found in the attached flyer. Building is 61% occupied, if fully pccupied the cap rate increases to 7.3%- Also visit www.montereypeninsulahometeam.com and www.agdavi.com for more listings, community links and home sales