Description
27 unit apartment development opportunity. All entitlements approved by County, invest $2,500,000 for 50% Joint Venture Partner or purchase said property outright with entitlements for $4,950,000 on this prime 1.86 acres located in Oceano, CA, only 1/2 mile from the Pismo Dunes and beach. It is located in the Opportunity Zone which has tremendous tax benefits to the Owner/Buyer. Site has all the utilities to the property and is ready for the construction of the 27 Units. SLO County CUP for 27 large 3 and 4 bedroom apartments each with private oversized 2 Car garage and 2 assigned parking spaces. Building and Grading Permit Applications in process.
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