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$879,000
Est. payment /mo
9,012 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC26059577
HOA Y/N No
Lot Size 9,012 Sqft
Property Description
BUILDERS Prime opportunity to develop this permitted 5-unit project that will capture close to a 6% cap rate. Seller willing to carry up to 50% at interest only terms, adding flexibility to complete the build. The red tape is removed and plans are at the office. Call to review and seize the opportunity.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Fishing, Golf, Hiking, Park, Water Sports
View Y/N Yes
View Rocks, Valley
Building
Lot Description Corner Lot, Gentle Sloping, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 068231056
Acceptable Financing Cash, Contract, Owner Will Carry
Listing Terms Cash, Contract, Owner Will Carry
Special Listing Condition Standard
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Listed by Joel Pace Joel Pace Real Estate, Inc. joelpacere@gmail.com, DRE #01946105
Nearby Locations
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