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148 Encinal ST, Soledad, California

$3,975,000Active

148 Encinal ST, Soledad, California 93960
Hap Albers~Albers Real Estate Investment Company - MLS® ID: ML81680921

Property Details

148 Encinal ST, Soledad, California 93960 - 28 unit complex featuring 8 two bed / one bath units, 16 one bed / one bath units, and 4 studios. The one and two bedroom units have a fenced patio or a privacy deck. Soledad and the Salinas Valley has few currently available units on the rental market and lots of demand. The rental market has little new construction and the job market is growing because of the agriculture, wine, and marijuana industries in the Salinas Valley. The rental income for this complex has a lot of potential upside with market rents $200 to $350 per unit above the current rent roll. The complex has asphalt pitched roofs, stucco exteriors, 34 off street parking spaces, and a onsite laundry room. Complex is well located near 101, schools, and services.

Amenities

  • Zip93960
  • CountyMonterey
  • SQFT19019
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeMulti-Family
  • Year built1977
  • Lot size.689
  • SewerSewer Connected
  • HeatingGas
  • CoolingNone
  • Parking6
  • Office ID34098
  • Agent ID138386
  • Agent nameHap Albers
  • MLS® IDML81680921

Broker: Hap Albers~Albers Real Estate Investment Company

Listing Courtesy of Hap Albers~Albers Real Estate Investment Company

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“Chris is a rock star agent! Our transaction was on an extremely tight schedule. Chris had literally only 1 week to prep, advertise, list and sell our home and he did it! We had multiple, non-contingent offers well over asking price and it sold in three days. It was a whirlwind sale but Chris handled it thoroughly and professionally. I would definitely recommend him.”

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