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INVESTMENT HIGHLIGHTS
- Multi-Use Commercial Property on Soquel Dr. in Aptos
- Three Spacious Two-Bedroom/One Bath Apartments
- Plentiful Parking
- Medical Tenant On Site for 40+ Years
- Fenced Front and Back Yard Spaces for Residential Tenants
EXECUTIVE SUMMARY
General Overview: 6800 Soquel Drive is a 5,945 sq. ft. mixed use building that contains a medical office/urgent care facility leased to Doctors on Duty and three 2-bedroom, 1-bathroom residential units. The medical tenant has been at the site for over 40 years. The medical facility has 18 dedicated parking spaces and contains multiple exam rooms, a procedure room, a lab room, multiple restrooms, a waiting area, and multiple employee spaces. The residential units are all over 1,150 sq. ft., they all have fenced front and rear private areas, and two have fireplaces. Each unit has two parking spaces, one covered and one uncovered. Each unit also has a dedicated, locked storage space attached to the carport. A new roof was installed within the last year, new fencing was installed, and the improvements were recently painted. The 26,528 sq. ft. parcel has plenty of open space and provides separation between the commercial use and the residential tenants. Doctors on Duty has operated at the site since 1984. Doctors on Duty has a strong regional presence, operating nine clinics in the greater Monterey Bay area. Location: The subject sits on the corner of Soquel Drive and Borregas Dr. It is adjacent to The Farm Bakery and Café and only one additional parcel from Cabrillo College, which serves approximately 9,000 students annually. The property is easily access from Highway 1 via the State Park or Park Avenue exits.
PROPERTY FACTS
| Price | $3,461,250 CAD | Building Size | 5,945 SF |
| Price Per Bed | $576,875 CAD | No. Beds | 6 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Health Care | Year Built | 1980 |
| Property Subtype | Skilled Nursing Facility | Tenancy | Single |
| Building Class | B | Parking Ratio | 4.04/1,000 SF |
| Lot Size | 0.61 AC | ||
| Zoning | PA - Professional and Administrative Office | ||
| Price | $3,461,250 CAD |
| Price Per Bed | $576,875 CAD |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Skilled Nursing Facility |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 5,945 SF |
| No. Beds | 6 |
| No. Stories | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 4.04/1,000 SF |
| Zoning | PA - Professional and Administrative Office |
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| Medical Office | 0 |
| Residential Apartments | 6 |
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PROPERTY TAXES
| Parcel Number | 039-511-02-000 | Improvements Assessment | $1,063,135 CAD |
| Land Assessment | $559,548 CAD | Total Assessment | $1,622,683 CAD |
PROPERTY TAXES
Parcel Number
039-511-02-000
Land Assessment
$559,548 CAD
Improvements Assessment
$1,063,135 CAD
Total Assessment
$1,622,683 CAD
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6800 Soquel Dr
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