5 Unit Multi-Family Estate
- 12 Beds
- 5 Baths
- 3830 SqFt.
1568 7th Avenue, Santa Cruz, CA 95062
Incredible and rare opportunity to own turnkey multi-res investment in fantastic Santa Cruz location close to ocean, beaches, yacht harbor etc. Part of 5 property multi-res portfolio, can be bought separately or as package. EASY TO OWN/MANAGE- as close to NNN as multi res gets. Tenants pay owner rent + utility fee + for all power (Billed back to tenant directly from new owned state of art solar mini grid).LOWER EXPENSES-new homes come w/ 7yr warranty, tenants pay utilities. Income/Expense #s projected as project still under construction-projected completion end of Sept. Great value here projected over 5% CAP Rate. Offers if any due Sept 9 5pm. Seller reserves right to accept or reject any offer.