Basics
| Date added Added 3 hours ago | Category Five Or More Units | Type Residential Income | Status Active |
| Area 12391 sq ft | Lot size 40075 sq ft | Year built 1974 | Lease term 12 Months |
| Garage spaces 1 | Listing source MLSL | MLS ID ML82053750 |
Description
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Description:
A RARE 16-UNIT APTOS INVESTMENT OPPORTUNITY. This 16-unit Aptos multi residential portfolio offers the fundamentals a thoughtful investor looks for: scale, 100% occupancy, strong in-place income, and the advantage of adjacent ownership across three APNs. Comprised of two neighboring income-producing properties, the portfolio generates more than $40,965 in monthly rental income and includes a desirable unit mix of fourteen two-bedroom residences and two studio apartments. The offering provides immediate income, operational efficiency, and future flexibility rarely found in a market with limited multi residential inventory. Beyond current income, the portfolio allows an investor to evaluate upside through market rent positioning, operating expense review, and net operating income potential, all detailed in the Offering Memorandum. The location is further strengthened by the new pedestrian and bicycle bridge over Highway 1, scheduled for completion in 2026 at the end of Mar Vista Drive, connecting Seacliff and Aptos, improving access to schools, beaches, and community amenities. For the investor seeking stabilized income and long-term ownership in one of Santa Cruz Countys desirable communities, this is a portfolio worth serious review. Enjoy!
Location
- County: Santa Cruz
Building Details
- Parking spaces: 11
- New construction: No
- Heating: Gas, Wall Furnace
- Roof: Composition, Fiberglass, Shingle
- Parking: Carport, On-street, Parking Area, Parking Restrictions
Amenities & Features
- Waterfront: No
- Garage: Yes
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: None
- Utilities: Public Utilities, Water - Public
- Amenities: