Sold for $6,150,000 in March, 2019

Investment Overview

The Garden Court Apartments are conveniently located in one of the most sought after Central Coast markets in California. Its close proximity to local military and hospitality employers ensures high occupancy with steady demand from renters. Tenants benefit from dedicated covered parking, a common courtyard area and on-site laundry facilities. Due to limited supply of apartment assets in the area, the property offers investors a rare opportunity to purchase a value-add asset with considerable upside potential in net operating income.  

Showing Schedule

*January 15th, 12:00 pm - 2:00 pm | January 23rd, 12:00 pm - 2:00 pm | January 26th, 12:00 pm - 2:00 pm

*Please contact broker to RSVP


Managing Director

Alex Budka

D: 831-275-5370




Managing Director

Joe Budka

D: 831-224-6903




Property Highlights

  • True Value-Add Opportunity

  • Tremendous Upside in Rents

  • Non Rent-Controlled Market

  • Limited apartment supply and development due to local water credit moratorium

  • Ocean Views from Select Units

  • Roof Replaced in 2005