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240 Spring St
Paso Robles, CA 93446
Vista Robles · Multifamily Property For Sale · 54 Units
PROPERTY FACTS
No. Units | 54 | Building Size | 44,636 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built/Renovated | 1953/2020 |
Building Class | C | Parking Ratio | 1.49/1,000 SF |
Lot Size | 3.33 AC |
No. Units | 54 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 3.33 AC |
Building Size | 44,636 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built/Renovated | 1953/2020 |
Parking Ratio | 1.49/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Courtyard
About 240 Spring St , Paso Robles, CA 93446
The unit mix is 42 x 2-bed/1-bath, 8 x 1-bed/1-bath and 4 x 3-bed/1-bath, in 6 garden-style buildings. The annual scheduled income is $1.05M in a total square footage of 44,273sf, with potential for adding value over time. The complex is prominently situated on a 2.8-acre commercially-zoned parcel at Paso Robles’ “Gateway” corner, as the entry point to the region’s boutique wineries, revitalized downtown and the newly improved Spring Street corridor.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 8 | $1,455 | 725 |
2+1 | 42 | $1,580 | 825 |
3+1 | 4 | $1,755 | 925 |
PROPERTY TAXES
Parcel Number | 009-291-005 | Improvements Assessment | $7,718,074 |
Land Assessment | $3,323,826 | Total Assessment | $11,041,900 |
PROPERTY TAXES
zoning
Zoning Code | TC-2 (Town Center Commercial Zoning) |
TC-2 (Town Center Commercial Zoning) |
Learn More About Investing in Apartment Buildings
Listing ID: 13870659
Date on Market: 9/24/2018
Last Updated:
Address: 240 Spring St, Paso Robles, CA 93446
The North 101 Corridor Multifamily Property at 240 Spring St, Paso Robles, CA 93446 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.