805 Dodson Way

Arroyo Grande, CA 93420

PRICE REDUCED

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-$100,000 (-2.35%)

$4,150,000

List Price

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1975

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Property Description

Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.

Listing Information

List Price $4,150,000
Status Active
MLS PI24182241
Type Commercial
Subtype Multi Family
Year Built 1975
Lot Size 22,000
Structure Size N/A
DOM 85
Courtesy Of BHGRE Haven Properties
Listing Agent Christa Lowry DRE#01888396

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room, See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Christa Lowry, BHGRE Haven Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 8th, 2024 at 12:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.