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511 W Cook St
Santa Maria, CA 93458 Santa Maria

$3,200,000 USD

Apartments For Sale  •  17,860 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,946 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1975
  • Zoning R-2
0 Transit Score
84 Walk Score

Highlights

Unit mix: (11) 1BD/1BA (8 standard, 3 townhouse-style).
Cap rates: Current: 5.21% • Market: 5.37%.
GRM: Current: 12.98 • Market: 12.74.
3.77% interest assumable debt available at 48.7% LTV through November 30, 2029.
$1,600,000 assumable agency loan in place with 3.77% interest only, subject to lender approval and a 1% assumption fee.

Public Transportation

Commuter RailDriveWalkDistance
13 min - 8.1 mi
AirportDriveWalkDistance
San Luis County Regional 39 min - 25.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Steve Golis 805-698-0174 Radius Commercial Real Estate
Steve Golis 805-698-0174 Radius Commercial Real Estate