850 Garner Avenue, Salinas, CA 93905
Commercial property
Sold February 2023
Listing Agent: Hap Albers (DRE #01006595) · Listing Office: Albers Real Estate Investment Company · Contact: 831-372-1922 · Bought with: Hap Albers · Albers Real Estate Investment Company · MLS #ML81913969 · Source: CRMLS
About this commercial property
32 units in Salinas. The unit mix is 19 two-bedroom / 1-bathroom townhouse units, 12 one-bedroom / one-bathroom units, and a three-bedroom / one-bathroom unit, which is used for the onsite property managers unit. The complex has six buildings The property management company has invested in capital improvements, repairs, upgrades, exterior painting, tree trimming, and many other improvements in the last several years. Rents were increased in the fall of 2022 and can be increased in the fall of 2023. The GRM is 10.55.
Listing description from the February 2023 sale, as reported to CRMLS.
Sale history