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College Gardens Apartments 284 N Chorro St 35 Unité Immeuble d’appartements 20 219 153 $ CAD (577 690 $ CAD/Unité) 4,81% Taux de capitalisation San Luis Obispo, CA 93405
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Faits saillants de l'investissement
- Established student housing complex minutes from University of Cal Poly, San Luis Obispo.
- May be purchased as part of a 3-property portfolio, including 555 Westmont Apartments and 607 Grand Apartments. Contact Listing Agents for Details.
- Convenient location adjacent to University Square shopping center (grocery, restaurants, gym, shopping within walking distance).
Résumé de l'annonce
College Garden Apartments is a 35-unit multifamily community located at 204, 228, 256, and 284 North Chorro Street, positioned along the established student housing corridor on Chorro Street within the core of San Luis Obispo’s student hub. The property is conveniently accessed via Foothill Boulevard and is located just 0.8 miles from the Cal Poly campus, offering students an efficient commute while remaining surrounded by coffee shops, late-night dining, fitness centers, and other off-campus housing. This walkable, student-oriented setting supports strong and consistent rental demand driven by proximity and lifestyle appeal.
The property features a functional and well-balanced unit mix tailored to student living, consisting of one- and two-bedroom floor plans, including 18 standard apartment units and 7 two-bedroom bungalow-style units that provide a differentiated housing option. A notable feature is the approximately 35 private garage spaces—effectively one enclosed garage per tenant— offering a level of storage and privacy that is rarely found in student housing. Additional amenities include on-site laundry facilities and an on-site manager space that is not currently utilized, presenting potential operational flexibility or future upside, while the overall layout integrates seamlessly into the surrounding student-oriented neighborhood.
ALSO AVAILABLE FOR PURCHASE AS A 3-PROPERTY PORTFOLIO. ALL PROPERTIES UNDER SAME OWNERSHIP: 555 WESTMONT APARTMENTS & 607 GRAND APARTMENTS.
The property features a functional and well-balanced unit mix tailored to student living, consisting of one- and two-bedroom floor plans, including 18 standard apartment units and 7 two-bedroom bungalow-style units that provide a differentiated housing option. A notable feature is the approximately 35 private garage spaces—effectively one enclosed garage per tenant— offering a level of storage and privacy that is rarely found in student housing. Additional amenities include on-site laundry facilities and an on-site manager space that is not currently utilized, presenting potential operational flexibility or future upside, while the overall layout integrates seamlessly into the surrounding student-oriented neighborhood.
ALSO AVAILABLE FOR PURCHASE AS A 3-PROPERTY PORTFOLIO. ALL PROPERTIES UNDER SAME OWNERSHIP: 555 WESTMONT APARTMENTS & 607 GRAND APARTMENTS.
Faits sur la propriété
| Prix | 20 219 153 $ CAD | Style d’appartement | Jardin |
| Prix par unité | 577 690 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 1,43 AC |
| Taux de capitalisation | 4,81% | Taille du bâtiment | 26 672 pi² |
| Multiplicateur du loyer brut | 14.39 | Nombre d’étages | 2 |
| Nombre d’unités | 35 | Année de construction | 1959 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1,31/1 000 pi² |
| Sous-type de propriété | Appartement | ||
| Zonage | R4 | ||
| Prix | 20 219 153 $ CAD |
| Prix par unité | 577 690 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 4,81% |
| Multiplicateur du loyer brut | 14.39 |
| Nombre d’unités | 35 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 1,43 AC |
| Taille du bâtiment | 26 672 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1959 |
| Ratio de stationnement | 1,31/1 000 pi² |
| Zonage | R4 |
Commodités
Commodités des unités
- Ventilateurs de plafond
- Planchers de tuiles
- Cuisine
- Réfrigérateur
- Four
- Walk-in
- Tapis
- Jardin
- Patio
Commodités du site
- Accès 24 heures
- Accès contrôlé
- Cour
- Installations de lessive
- Espace de pique-nique
- Salle de bain privée
- Campus accessible à la marche
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 25 | - | - |
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 052-332-023 | Évaluation des bâtiments | 9 480 681 $ CAD |
| Évaluation du terrain | 5 657 822 $ CAD | Évaluation totale | 15 138 503 $ CAD |
Impôts fonciers
Numéro de lot
052-332-023
Évaluation du terrain
5 657 822 $ CAD
Évaluation des bâtiments
9 480 681 $ CAD
Évaluation totale
15 138 503 $ CAD
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College Gardens Apartments | 284 N Chorro St
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