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500 San Benito St 12 Unité Immeuble d’appartements 9 330 375 $ CAD (777 531 $ CAD/Unité) Hollister, CA 95023
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Faits saillants de l'investissement
- 16,785 SF mixed-use building with ground-floor retail and 12 fully rebuilt residential units.
- Fully built-out basement with walk-in refrigeration and food storage.
- Stabilized in-place income with a 5.00%+ cap rate at asking.
- Major capital improvements completed, including new roof and upgraded elevator.
- Located on Hollister’s primary retail corridor with strong pedestrian activity.
- Reduced deferred maintenance exposure for long-term operational efficiency.
Résumé de l'annonce
500 San Benito Street presents a fully repositioned mixed-use investment opportunity in the heart of Downtown Hollister. This ±16,785 SF asset combines ground-floor retail with 12 newly rebuilt residential units, offering a diversified income stream and long-term stability. The property underwent a comprehensive interior redevelopment, including a new roof, upgraded elevator system, refreshed exterior and interior finishes, and substantial building systems enhancements.
The ground floor is anchored by an in-place restaurant tenant with a fully built-out basement featuring walk-in refrigeration and food storage, ensuring operational depth and tenant retention. Zoned Downtown Mixed Use (DMU), the property supports both commercial and residential uses, benefiting from consistent pedestrian traffic and proximity to civic and retail destinations.
Positioned along Hollister’s primary retail corridor, the asset offers investors a stabilized income profile with a reported 5.00%+ cap rate at asking. With major capital improvements completed and reduced deferred maintenance exposure, this property is well-suited for investors seeking a turnkey asset in a growing market.
The ground floor is anchored by an in-place restaurant tenant with a fully built-out basement featuring walk-in refrigeration and food storage, ensuring operational depth and tenant retention. Zoned Downtown Mixed Use (DMU), the property supports both commercial and residential uses, benefiting from consistent pedestrian traffic and proximity to civic and retail destinations.
Positioned along Hollister’s primary retail corridor, the asset offers investors a stabilized income profile with a reported 5.00%+ cap rate at asking. With major capital improvements completed and reduced deferred maintenance exposure, this property is well-suited for investors seeking a turnkey asset in a growing market.
Faits sur la propriété
Commodités
Commodités des unités
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
Commodités du site
- Accès 24 heures
- Accès contrôlé
- CVCA contrôlé par le locataire
- Collecte d'ordures - sur rue
- Transport en commun
- Détecteur de fumée
Assez accessible à pied
50/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéro de lot | 054-080-009-000 | Évaluation des bâtiments | 1 171 270 $ CAD |
| Évaluation du terrain | 538 433 $ CAD | Évaluation totale | 1 709 703 $ CAD |
Impôts fonciers
Numéro de lot
054-080-009-000
Évaluation du terrain
538 433 $ CAD
Évaluation des bâtiments
1 171 270 $ CAD
Évaluation totale
1 709 703 $ CAD
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500 San Benito St
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