House for sale
$16,500,000 - Santa Barbara CA 93101Santa Barbara CA 93101
House for sale
- Price: $16,500,000
- Reference No.: 70538250
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Overview
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. For more details and to contact: https://realtyww.info/homes_santa-barbara-d528428/for-sale_i70538250House Santa Barbara
This House for sale is located at Santa Barbara CA 93101. The home has . This House in Santa Barbara CA is for sale for $16,500,000 .
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2024-04-12, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-12, Viewed 0 times.
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