A great investment opportunity! This property features very limited turnover (once a year on average). In total there are 13 units with 12 studio apartments and one one bedroom (#13). Unit #8 was completely remodeled in the past weeks and is a great illustration of what these units can be. The interior photos featured are of the vacant. remodeled #8. At the southern most end of the building there is a storage shed not currently accessible by residents. Laundry facilities available to residents. There is plenty of space for all residents to park one vehicle per unit and off street parking available if needed. As an option, the property could be sold as a package with the neighboring lot, 2568 Esplanade. The two lots and buildings total 19 units and make up Panama Springs Apartments. 2568 Esplanade features a laundry room on the eastern side of the building that the current owners allow 155 Panama to utilize. Please inquire about both lots if interested.
|Lot Size||0.26 Acres|
|Property Type||Residential Income|
|Listing Agent||Bradley Williams|
|Listing Office||Sheraton Investment Services|
Listed by Bradley Williams and Larry Ruby of Sheraton Investment Services. Listing data last updated 8/23/2019 at 5:25 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/23/2019 8:43 AM. 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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