May 16th, 2017 7:12 PM by Nour Ailan
The Grandview Apartments in Paso Robles offer an investor the rare opportunity to add value to a sizable asset in a premiere California inland coastal location. The 54-unit property in 6 garden-style buildings, is prominently situated on a 2.8-acre parcel at Paso Robles "gateway" entry corner. The complex is surrounded by new commercial development and is a few blocks to charming downtown Paso Robles. Take advantage of this top location within one of California's most desirable tourist destinations to profitably re-position for a higher cap rate for the long term, or consider the favorable zoning as an avenue for a major transformation.
Located at the corner of Spring and Niblick streets, the prominent entry point to downtown Paso Robles, and to wine touring in the beautiful oak- and vine-filled hills just west of town. Paso Robles is a 3-hour drive from both the Los Angeles region and the San Francisco Bay Area.
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