- landN/A*
- rooms79
- bedrooms79
- AreaN/A*
- ConstructionN/A*
- ConditionN/A*
- ParkingN/A*
- bathrooms45
- Shower roomN/A*
- ExposureN/A*
- HeatingN/A*
- ToiletN/A*
- KitchenN/A*
- Property taxN/A*
HouseSanta Barbara (United States)Price : $15,900,000
Turner Foundation (Non-Profit) owned property, currently providing 45 units of housing and 54 parking spaces with Community Learning Center, Programs and Services on site. Gross income $1.1m per year and current rent is 35% below market rate. Past Year NOI $802K with Non-Profit property tax exemption status equating to a 4.9% cap rate. New buyer may potentially retain Turner Foundation Non-Profit property tax exemption status if Turner Foundation remains as an Operating Partner. Buyer to verify all information.
In detail
House Santa Barbara (United States)
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