Investment Overview

Marcus & Millichap is pleased to present For Sale this new to market 9-unit Apartment Complex located at 6510 Nacimiento Ave, Atascadero, Ca. This property consists of (9) units all on a 27, 500sf lot with an APN# 030-341-024. These apartments located centrally in Atascadero are adjacent to Atascadero High School. The site is surrounded by other Residential apartments and housing. Apartments financially thrive in a geographic area like this and rarely come to market. In fact, San Luis Obispo County is a difficult market to enter as an Owner. So, when a product does come available to purchase all buyers must act quickly to have a chance at Ownership of Multi-Family within this County. All (9) units have 2 bedrooms and 1 bathroom of substantial size. Site amenities include onsite laundry facility, vehicle carports with storage closets, and courtyard enjoyment for the tenants. This is a HOT, HOT, and promising investment. This property has recently had (4) of the (9) units remodeled. There is still an upside in rental income as shown in the Rent Roll summary. A market supply of properties such as this are under supplied therefore providing stiff competition and demand to purchase. Do not delay your inquiries and chance of missing out on the opportunity.