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3411 & 3505 Spring St Porfolio
Paso Robles, CA

$5,000,000 USD

Multifamily For Sale • 20,705 SF

2 Properties View all

Property Details

Property Type Multifamily

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                24 Total Units Across 2 Adjacent Properties on Spring Street, Paso Robles
                            
                                Portfolio Asking Price: $5,000,000 — ~$263/SF (3411) and ~$380/SF (3505)
                            
                                Combined Stabilized Cap Rate of 7.17% at Market Rents
                            
                                Annual Rent Upside of ~$155,400 Across Both Properties
                            
                                3505 Spring Street Located in a Federally Designated Opportunity Zone
                            
                                RUBS Program in Place at 3505 — Tenants Pay ~90% of Gross Utilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	2.1 mi
Airport	Drive	Walk	Distance
San Luis County Regional	48 min	-	35.9 mi

Abel Contreras 805-709-7143 InvestSLO

3411 & 3505 Spring St Porfolio Paso Robles, CA

$5,000,000 USD

Property Details

Highlights

Public Transportation

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3411 & 3505 Spring St Porfolio
Paso Robles, CA