115 Samoa Boulevard, Arcata, CA 95521

$13,815,000
84,581
SqFt
List Price
$13,815,000
MLS#
254378
Sq. Ft
84,581
Acres
7.31
Year Built
1973

Property Description

These 120 units consists of Brookside Apartments, a 39 unit complex at current market rents & Meadowbrook Apartments, an 81 unit low income complex. These 2 complexes are being sold together as a package. They are situated on 7.3 pastoral acres in the Sunnybrae area of Arcata on 6 different parcels. There is a mix of 1, 2, 3 & 4-bedroom units throughout with 153 onsite parking spots and a short distance to shopping and bus stop. There is a low income HUD assumable loan on the 81-unit complex that requires a HUD qualified buyer to assume. On the grounds are a playground, community garden, basketball court, & laundry facilities. The sale is contingent upon seller being able to secure a property for a 1031 exchange.. Please do not go on to the property w/o a confirmed appointment

Additional Information

Style
Apartments
Stories
2 Story
View
Pasture
Exterior
Wood
Roof
Composition Shingle
Construction
Wood Frame
Lot Description
Flat, Near Public Trans, Near Shopping, Pasture View
Garage Type
None
Garage Description
21 or More Spaces, On Site
High School
Arcata
Water
Public
Sewer
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of .