Project Description
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Waterview Apartments
For Sale at $4,500,000
13 Total Units
10,504 Bldg. Sq. Ft.
4.40% Cap Rate
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[col class=”2/3 last”]A rare offering of 2 parcels totaling approximately 14,000 square feet and consisting of 13 units just steps to the beach, Crow’s Nest, and yacht harbor. Great rental history with upside potential. Dedicated parking for each unit plus a 2-car garage. This property makes for a great investment, or keep one as your vacation house, or a family compound by the beach. With this great property the possibilities are endless.
The apartments are conveniently located close to downtown, the beach, Crow’s Nest, Santa Cruz Beach Boardwalk amusement park and University California Santa Cruz (UCSC).[/col]
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