For Sale
For Sale
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Year Built
1966
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Overview
26% cap rate! 19 units with ocean access on 1.5 acres. 2 additional buildable parcels included in the sale. 7 units w/ kitch. 1 bed units rent for $600/mo. 2 bed units $650/mo. 3 rooms for owner use could be used for additional income. 18 RV Spaces - 8 Owner owned RV spaces rented $800 each, 10 RV spaces rented $285 each. Additional $100 deposit for each additional personal and pet. Owner owned RVs convey to new buyer. All tenants are on month to month. No vacancies in summer, 2% vac in winter
Property Details
26% cap rate! 19 units with ocean access on 1.5 acres. 2 additional buildable parcels included in the sale. 7 units w/ kitch. 1 bed units rent for $600/mo. 2 bed units $650/mo. 3 rooms for owner use could be used for additional income. 18 RV Spaces - 8 Owner owned RV spaces rented $800 each, 10 RV spaces rented $285 each. Additional $100 deposit for each additional personal and pet. Owner owned RVs convey to new buyer. All tenants are on month to month. No vacancies in summer, 2% vac in winter
- Property TypeOffice
- Year Built1966
- Sale Price$600,000
- Total Acres1.52
- ZoningCity
- Property ID2034900