Property Detail

Description

Fantastic investment opportunity in prime Scotts Valley location. Solid go in return with both upside in rents to bring legacy tenants to market as well as large( over 1/2 acre) lot for potential additional development(buyer to investigate and confirm)..CS zoning allows many permitted uses. Just take a look at what else is happening currently on Scotts Valley Dr. These units are set back off SV Dr. are quiet,well care for and desireable to rent and own. Current configuration allows for lots of parking and rear units back onto seasonal creek with outside common bbq area. Laudry room produces additional income to owner and convienence to tenants. Coveted location near all services,shopping,parks and easy for commuters going either to Santa Cruz or Silicon Valley. Contigent upon seller closing escrow on upleg replacement property already in escrow.