These are 30, duplex-like pre-manufactured homes in the heart of Downtown San Luis Obispo, Ca. There are two models - 1000 sq ft, 1 bedroom below, and studio above. Each with a private entrance. There is also a 1300 sq ft model, with 2 bedrooms below, and 2 bedrooms above. Price per room in San Luis Obispo averages between $800-1000. Studios are generally between $1300-1600. This project is excellent for an investment or even for a get-away location with income potential attached. All units are available to purchase. Parking- There is no over night parking on the property. 10 hour meters are on the street, and plans for a large complex is underway on the next block. Contact the City of San Luis for a timeline. Space rent -on each modular home is $650 per month. This offsets the taxes on the land the home sits upon and the complex upkeep on the sewer system below the park. Property tax- Each modular home is taxed based on replacement value. So rather than having a $5,000 per year tax as seen in a residential sale, each unit is approx $1,200-$1,400 per year. This is a private, gated community downtown with no cars to wake you up every morning. This is perfect for a caregiving situation, a family with a young adult getting ready to go out on their own, or workmates. Prices range from $425,000 - $550,000. The larger unit has a 4th room considered an office...or? It’s just a must-see to understand the potential.
Listing courtesy of Ginger Woods from Paramount Properties
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