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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

Listed by Patrick Stafford • Baird Partnership, Inc.

$ 2,150,000

Est. payment -/mo

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470 Reservation RD Marina, CA 93933

2 Beds

1 Bath

5,184 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $414

MLS Listing ID ML82018573

Bedrooms 2

Full Baths 1

Year Built 1970

Lot Size 0.326 Acres

Property Sub-Type Five or More Units

Property Description

6% Cap Rate. 470 Reservation Road in Marina CA is a six-unit apartment complex that consists of all large two bedroom / one bath units. The ground floor units have fenced yards, there is a laundry room on site, and there are six carport parking spaces. The property has a +/- five year old roof, was painted, and the interiors have been updated (kitchen/bath/flooring/ paint). The property has a very strong rental history. Financials available upon request.

Location

State CA

County Monterey

Area Armstrong Ranch/Marina Station

Zoning Multi-Family Residential

Interior

Heating Central Forced Air - Gas

Cooling None

Exterior

Parking Features Carport , Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch,Mansard

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Other

Tax ID 032-131-047-000

Security Features None

Special Listing Condition Not Applicable