About 470 Reservation Rd
6% Cap Rate. 470 Reservation Road in Marina CA is a six-unit apartment complex that consists of all large two bedroom / one bath units. The ground floor units have fenced yards, there is a laundry room on site, and there are six carport parking spaces. The property has a +/- five year old roof, was painted, and the interiors have been updated (kitchen/bath/flooring/ paint). The property has a very strong rental history. Financials available upon request.
Features of 470 Reservation Rd
| MLS® # | ML82018573 |
|---|---|
| Price | $2,150,000 |
| Square Footage | 5,184 |
| Acres | 0.33 |
| Year Built | 1970 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 470 Reservation Rd |
|---|---|
| Area | Armstrong Ranch/Marina Station |
| City | MARINA |
| County | Monterey |
| State | CA |
| Zip Code | 93933 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 3 |
| Is Waterfront | No |
Interior
| Heating | Central Forced Air - Gas |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Roof | Flat/Low Pitch, Mansard Roof |
|---|---|
| Foundation | Concrete Perimeter & Slab |
Additional Information
| Zoning | Multi-Family Residential |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Patrick Stafford |
|---|---|
| Office | Baird Partnership, Inc. |
| Contact Info | 831-238-3592 |