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    6501 Fairview Road

    Hollister, CA 95023
    • $4,595,000
    • STATUS: Active
    • ON SITE: 33 days
    • ID#: ML81859056
    UPDATED: 39 min ago
    $4,595,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Amazing opportunity to own an income producing property. Business and real estate included. The two homes on site are a 3 bedroom, 2 bathroom and a 2 bedroom, 1 bathroom. Each home has separate fenced yards. There is also a barn and a successful restaurant/ market with off-site full liquor license included, the business is currently netting approximately $15,000 monthly. Both homes and the barn have great tenants, monthly income from rents for the residential units and storage is $11,000 a month. Possibilities for development include road-side services, gas station, work-force housing, green houses and more. Buyer to conduct further due diligence with San Benito County. Two highly functioning wells on the property. All financials are approximate estimates from owner, book keeper is currently unavailable. Financials to be verified during due diligence by buyer. Seller has a map for a 37 space, 55+ mobile home park, only preliminary investigations have been conducted.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T13:29:26.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/120624883
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    6501 Fairview Road Hollister, CA 95023

    • Price: $4,595,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: ML81859056
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1925
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Benito
    Area:
    699 - Not Defined
    Property Description
    Amazing opportunity to own an income producing property. Business and real estate included. The two homes on site are a 3 bedroom, 2 bathroom and a 2 bedroom, 1 bathroom. Each home has separate fenced yards. There is also a barn and a successful restaurant/ market with off-site full liquor license included, the business is currently netting approximately $15,000 monthly. Both homes and the barn have great tenants, monthly income from rents for the residential units and storage is $11,000 a month. Possibilities for development include road-side services, gas station, work-force housing, green houses and more. Buyer to conduct further due diligence with San Benito County. Two highly functioning wells on the property. All financials are approximate estimates from owner, book keeper is currently unavailable. Financials to be verified during due diligence by buyer. Seller has a map for a 37 space, 55+ mobile home park, only preliminary investigations have been conducted.
    Exterior Features

    Carport Spaces 2 Carport YN Yes Foundation Details Concrete PerimeterPier JacksSlab Horse YN Yes Lot Features Horse Property Parking Features OversizedOne Space Parking Total 4 Roof Composition

    Interior Features

    Accessibility Features Customized Wheelchair Accessible Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Cap Rate 6.7 Garage YN Yes Gross Scheduled Income 430000 Insurance Expense 3500 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 2500 Security Features Window Bars Special Listing Conditions Standard Trash Expense 2400 Water Source Well Zoning C-1

    Listing provided courtesy of Nicholas Tortorelli of Nicholas Tortorelli Real Estat


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T13:29:26.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505