Multifamily Property for Sale - Santa Maria, California ID: 5257141949

Positive Leverage From Day 1 w/ Assumable Agency Loan | Agnes Apartments is a 13-unit multifamily community located in Santa Maria, offering a well-positioned residential investment with immediate cash flow. The property features an ideal unit mix consisting of studios, one-bedroom, and two-bedroom units, allowing for broad tenant appeal. Units are arranged around a central courtyard with open green space, providing a functional common area for residents. The property includes a shared on-site washer and dryer room and covered carport parking, with one parking space provided per unit. Recent lighting upgrades have improved visibility and safety throughout the parking areas. The property provides convenient access to nearby retail, employment centers, and major commuter routes, supporting steady rental demand. Current rents are near market, allowing an incoming owner to benefit from in-place cash flow while retaining potential for incremental rent growth. Overall, 127 W. Agnes is a clean, efficiently operated apartment property with practical amenities and a central location, making it a stable multifamily investment in the Santa Maria market. $1,664,000 assumable agency loan in place with 3.77% interest only, subject to lender approval and a 1% assumption fee. Please contact Listing Agents for further details. ALSO AVAILABLE FOR PURCHASE AS A 2-PROPERTY PORTFOLIO. BOTH PROPERTIES UNDER SAME OWNERSHIP: THE LOFTS AT 511 COOK ST & AGNES APARTMENTS.