223 E Bunny Avenue, Santa Maria, CA 93454

About this property

This 16-unit apartment property is located in the northeast quadrant of the city of Santa Maria at the northeast corner of East Bunny Avenue and North McClelland Street. The unit mix consists of one studio, with the remaining 15 units two-bedroom / one-bath floor plans. There is a fairly significant upside in the unit rents (see pro forma), as reflected in its achieving a fully-occupied status for the last 10 years during the current ownership with minimal down time.

Listing description from the October 2014 sale, as reported to CRMLS.

Sale history

$1,650,000

Sold October 2014 · listed $1,690,000, orig. $1,750,000, on market February 2014 · MLS #V0-214008160 · Source: CRMLS

Listing Agent: Craig Lieberman · Listing Office: Apartment Investment Specialis · Contact: (805) 320-6646 · Bought with: Craig Lieberman · AIS Property Management Services

$1,650,000

Sold October 2014 · listed $1,690,000, orig. $1,750,000, on market February 2014 · MLS #SP1041508 · Source: CRMLS

Listing Agent: Craig Lieberman · Listing Office: The Apt Investment Specialists · Contact: 805-687-5557 · Bought with: Craig Lieberman · The Apt Investment Specialists

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