The Opportunity of a Lifetime. Absolutely gorgeous, flat, and usable eight acres in the tourist haven Town of Mendocino. Stunning Ocean Views! Currently used as an income property featuring 9 cottages and 10 mobile home spaces. Potential uses include, but not limited to, hotel/motel and planned unit development. Extremely rare ocean view parcel in Mendocino that allows multi-residential.
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| Interior Features |
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# of Units: 19
# of Studios: 0
# of 2 Bedrooms: 4
# of 4 Bedrooms: 0
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Square Footage: 0
# of 1 Bedrooms: 5
# of 3 Bedrooms: 0
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Exterior Features |
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Property Type: Multi Unit 5+
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Lot Size (Sq. Ft.): 348,480 sq. ft.
Acres: 8.000
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Investor Information |
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Monthly Income: 12580
Est. Management: 0
Est. Misc. Expenses: 30807
Est. Utilities Exp.: 0
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Monthly Expenses: 4302.25
Est. Insurance Exp.: 0
Est. Maintenance Exp: 2120
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Studio Rent Range: 0
1 Bedroom Rent Range: 700-875
2 Bedroom Rent Range: 885-1200
3 Bedroom Rent Range: 0
4 Bedroom Rent Range: 0
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# Studios Occupied: 0
#of 1 Bdrms Occupied: 4
#of 2 Bdrms Occupied: 4
#of 3 Bdrms Occupied: 0
#of 4 Bdrms Occupied: 0
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Community Information |
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County: Mendocino
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School District: Mendocino
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General Information |
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Property Type: Multi Unit 5+
Transaction Type: Sale
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New Construct/Resale: Resale
Status: Contingent - Show
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MLS #21124411
13500 Point Cabrillo Dr
Mendocino, CA 95460
Listing Price: $1,500,000
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Listing information courtesy of: Todd Schapmire (MLS# G328324) - RE/MAX Full Spectrum (MLS# GFSP3)
Listing information current as of: Wed May 23, 2012 17:45:15 PST
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