$255,000
$345,000
26.1%For more information regarding the value of a property, please contact us for a free consultation.
3,598 Sqft Lot
SOLD DATE : 01/26/2022
Key Details
Sold Price $255,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NS21172482
Sold Date 01/26/22
HOA Y/N No
Year Built 1977
Lot Size 3,598 Sqft
Property Description
Cute little commercial medical condo leased out through April 30, 2023.
Functionally designed for the medical industry, this unit was tastefully updated back in 2018 with new electrical, lighting, flooring and paint. The property provides excellent parking and is ideally located next to Twin Cities Hospital, the major community hospital that services all of North County.
With the HOA taking care of the majority of the management responsibilities (roof, HVAC, parking lot, and landscaping) this is an ideal investment for someone looking for something under $350,000 that does not require a lot of time or energy to manage.
Purchase Price: $345,000.00
Current Annual Net Income is $20,921.26 (See brochure attached)
Cap Rate: 6.06%
Size: +/- 1,200 SF
HOA: $425 per month (includes water, sewer, gas, garbage, landscaping and insurance)
Disclosure: Listing Agent owns partial ownership of property
Location
State CA
County San Luis Obispo
Area Tton - Templeton
Interior
Fireplace No
Laundry None
Building
Lot Description Landscaped
Water Public
Others
Tax ID 040331010
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with NONE NONE • None MRML