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18842 Cachagua rd
Carmel Valley, CA 93924

$7,000,000 USD

Multifamily For Sale  •  25,000 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 25,000 SF
  • Lot Size 12.6 AC
  • Year Built 1920
  • Zoning MDR/5-LDR/5
10 Walk Score

Highlights

Currently 54 Units with Potential for 58 Units
6.8% Cap Rate with moderate rent increase will be 7.3%(No rent control on property)
3 total parcels that can be sold together or individually.

Amenities

  • Backup Power / Generators

Public Transportation

AirportDriveWalkDistance
Monterey Regional 45 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Sean Griffin 831-262-1955 Agency One Real Estate
Sean Griffin 831-262-1955 Agency One Real Estate