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850 Garner Ave
Salinas, CA 93905

Terrace Plaza Apartments · Multifamily Property For Sale · 32 Units

Investment Highlights

  • Property manager has invested significant capital in repairs, upgrades, painting, tree trimming, and and many other improvements in recent years
  • GRM is one of lowest in Monterey, Santa Cruz, and Santa Clara County markets

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.22 AC
Building Size 28,500 SF
Average Occupancy 100%
No. Stories 3
Year Built 1978
Parking Ratio 0.98/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • Laundry Facilities
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $1,750 1
2+1 19 $2,200 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
004-321-044-000
Land Assessment
$3,000,000
Improvements Assessment
$3,977,000
Total Assessment
$6,977,000

zoning

Zoning Code Residential High Density
Residential High Density
  • Listing ID: 27214974

  • Date on Market: 11/30/2022

  • Last Updated:

  • Address: 850 Garner Ave, Salinas, CA 93905

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