This investment opportunity is quite promising, especially with its location in the beautiful foothills of Paso Robles. The presence of five homes, each with three bedrooms and two bathrooms (except for mobile home), offers a diverse range of options for tenants. Additionally, the fact that some homes have attached garages and privately fenced yards adds to their appeal. The presence of long-term tenants on a month-to-month basis provides stability. At the same time, the potential for smaller parcels adds an extra layer of flexibility for future development or investment strategies. There are currently two APNs for a total of eighty acres.
The proximity to the Salinas River and its wildlife adds to the location's charm, making it even more attractive for those seeking a countryside lifestyle.
However, conducting thorough due diligence, including financial analysis, property inspections, and legal considerations, is essential before committing to such an investment. Additionally, respecting the privacy of the current tenants is crucial to maintaining positive relationships and ensuring a smooth transition for any potential changes in ownership. With careful evaluation and strategic planning, this investment opportunity will be an excellent venture in the real estate market.
Additional Features
- Forced Air
- 2-5 Units/Acre
- One
- Meadow
- Mountain(s)
- River
- Parking spaces: 4.00
- Listing Status: Active
- Listing Agent: Pamela Santy
(lic# 00589882)
of Fresno
- Listing Office: Real Broker
(lic# 02022092)
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Based on information from CRISNet MLS as of 29th May 2024 at 3:44pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
