Description

119 Clay Street is a 10-unit apartment property in Santa Cruz listed at $3,300,000, or $330,000 per unit. Situated on a 0.32-acre lot, the property consists of (8) one bedroom and (2) two bedroom apartments. At a current 5.03% cap rate and 12.18 GRM, it offers existing income with room to grow rents. Additional information available upon request.

Property details

Square feet

5,756

Year built

1964

Property type

Commercial Sale

Lot size

13,983 sqft

Location

Santa Cruz, CA 95060

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Listed by

Mitchell Zurich · Marcus & Millichap

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Commercial Property - Santa Cruz, CA