119 Clay Street is a 10-unit apartment property in Santa Cruz listed at $3,300,000, or $330,000 per unit. Situated on a 0.32-acre lot, the property consists of (8) one bedroom and (2) two bedroom apartments. At a current 5.03% cap rate and 12.18 GRM, it offers existing income with room to grow rents. Additional information available upon request.
Listing courtesy of Listing Agent: Mitchell Zurich (mzurich@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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