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Investment Highlights
- Investment Property
- Location Exceptional location
- Well Maintained Buildings 6663 has a complete under structure slab reinforcement. 6685 does not require one at this time.
Executive Summary
Voit Real Estate Services is pleased to offer the rare opportunity to purchase two (2) four-plex properties of beach front student housing. The Del Playa Drive properties are being sold together and generate excellent cash flow. The properties are located in “Isla Vista,” the beach side community catering to University of California Santa Barbara (UCSB) students.
Property Facts
| Price | $9,818,352 CAD | Number of Properties | 2 |
| Price / SF | $1,046 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.45% | Total Building Size | 9,390 SF |
| Sale Type | Investment | Total Land Area | 0.59 AC |
| Status | Active |
| Price | $9,818,352 CAD |
| Price / SF | $1,046 CAD / SF |
| Cap Rate | 6.45% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,390 SF |
| Total Land Area | 0.59 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6663 Del Playa Dr, Isla Vista, CA 93117 | Multifamily | 5,190 SF | 1977 | - |
| 6685 Del Playa Dr, Isla Vista, CA 93117 | Multifamily | 4,200 SF | 1977 | - |
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Photos
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6663 & 6685 Del Playa Dr
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