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ARTISAN SLO APARTMENTS 564 Higuera St 36 Unit Apartment Building For Sale San Luis Obispo, CA 93401
Investment Highlights
- IRREPLACEABLE DOWNTOWN SAN LUIS OBISPO LOCATION WITH DIRECT ACCESS TO THE CREAMERY MARKETPLACE
- NEWLY CONSTRUCTED LUXURY TROPHY ASSET ACHIEVING MARKET-LEADING RENTAL RATES
- HIGHLY EFFICIENT AND UNIQUE UNIT MIX WITH STRONG RESIDENT APPEAL
- EXCEPTIONAL SUPPLY-CONSTRAINED MARKET DYNAMICS
- OPPORTUNITY TO ENHANCE AMENITIES & INCREASE REVENUE POTENTIAL
- POTENTIAL STUDENT HOUSING REPOSITIONING OPPORTUNITY
Executive Summary
Cushman & Wakefield, Inc., as exclusive advisor, is pleased to present the opportunity to acquire The Artisan SLO, a newly built, 36-unit apartment community strategically positioned in the heart of Downtown San Luis Obispo, CA, one of California’s most supply-constrained and lifestyle-driven coastal rental markets. Located at 564 Higuera Street with direct pedestrian access to The Creamery Marketplace, the Artisan SLO offers an unmatched live-work-play experience surrounded by San Luis Obispo’s best dining, nightlife, retail, entertainment, and cultural amenities and access to California’s renowned Central Coast lifestyle.
Property Facts
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 36 | Building Size | 21,011 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.05/1,000 SF |
| Building Class | B | ||
| Zoning | CD - Comprehensive Development | ||
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 21,011 SF |
| No. Stories | 5 |
| Year Built | 2025 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | CD - Comprehensive Development |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Picnic Area
- Tenant Controlled HVAC
- Grill
- Package Service
- Pet Play Area
- Recycling
- Trash Pickup - Curbside
- Car Charging Station
- Elevator
- Online Services
- Pet Washing Station
- Key Fob Entry
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | $3,911 CAD | 423 - 556 |
| 1+1 | 10 | $5,000 CAD | 736 - 871 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 002-402-048 | Improvements Assessment | $5,960,200 CAD |
| Land Assessment | $3,684,119 CAD | Total Assessment | $9,644,319 CAD |
Property Taxes
Parcel Number
002-402-048
Land Assessment
$3,684,119 CAD
Improvements Assessment
$5,960,200 CAD
Total Assessment
$9,644,319 CAD
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ARTISAN SLO APARTMENTS | 564 Higuera St
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