Piini Realty is pleased to present this offering of a 28-unit apartment complex located in Soledad. The complex is comprised of three separate buildings with a total of 28 dwelling units including eight 2-bedroom/1-bath units, sixteen 1-bedroom/1-bath units and four studios with an average size of 679 square feet per dwelling unit. Many of these units have been extensively remodeled within the past five years including new kitchens, new bathrooms, new heating units, remodeled balconies and much more. There are 34 on-site parking stalls with 7 enclosed garages, 19 covered carport stalls and 8 open parking stalls. The current owner occupies 17 units for employee housing, but these units can be delivered vacant and available to lease at current market rent. The remaining 11 units are leased to residents with rents that were increased on August 1, 2023. The property is a very well-maintained complex from the landscaping to building finishes and has enjoyed consistent rental demand with very little turnover.
ML81952566
Multi-Family, Other
Monterey
1977
0.6887
Acres
Public
19,019
Sq. Ft.
Yes
- 6
spaces
Interior Features
- Appliances
- Refrigerator, Microwave, Oven, Range
Exterior / Lot Features
- Parking
- 6 Garage Spaces. 8 Parking Spaces.
- Roof
- Composition
- Lot View
- Mountain
- Lot Dimensions
- 30000.00
- Zoning
- R-3
- Additional Exterior/Lot Features
- Level.
Financial Considerations
022-014-014-000
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