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House Santa Barbara (United States)by annonceur international

HouseSanta Barbara (United States)
Price :
$15,900,000
bedrooms79 bathrooms45

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.

Advertiser reference : 95464342Le Figaro Properties reference : 70098918

In detail

House Santa Barbara (United States)

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annonceur international
Rue Mercerie, 121003 Lausanne (Switzerland) All the listings of this agency

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