Neighborhood: Brookwood Apartments, West Santa Cruz
Located at 230 Felix Street in central Santa Cruz, the preeminent beach city in the Bay area, Brookwood Apartments represents a rare opportunity to acquire a pride of ownership apartment complex just two miles from the ocean. The current ownership are also the original 1963 developers of the property and have never before offered it for sale to the public. The property boasts a considerable net rentable square footage of 11,274 (per county records) and is situated on a large 16,945 square foot lot (per county customs). With an attractive unit-mix of eight two bedroom/one-bath, four one-bedroom/one-bath, and two studio units totaling 14-units, the property has enjoyed historical high occupancy rate and 100% rent collections through covid-19.