Santa Cruz - Beach Property For Sale #3319949

Buyer ALERT for those looking for a DEAL. Dramatic price reduction by motivated Seller.Property now fully rented and stabalized.12 Br 5 Bths! Incredible and rare opportunity to own turnkey multi-res investment property in a fantastic Santa Cruz location. Close to the ocean, beach, yacht harbor, etc. EASY TO OWN AND MANAGE- as close to a Tripple Net as multi-res gets. Tenants pay owner rent + utility fee + all power (Billed back to the tenant directly from the newly owned state of art solar mini-grid). LOWER EXPENSES.-3 of the 5 units are new homes and come with a - 7yr warranty, and tenants pay utilities. - Some Income and Expense numbers are proforma as project was recently completed. The owner is In the process of renting with a local property management company Great value here. Seller reserves the right to accept or reject any offer.