530 Sims Ave, Paso Robles, CA 93446

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530 Sims Ave is located in Paso Robles, CA.

26 UNIT ‘USDA’ APARTMENT BUILDING IN PASO ROBLES! This well maintained 26 unit complex includes both 2 and 3 bedroom units, and is priced significantly below comparable sales for complexes of this size, due to USDA (Rural Development) government contract that limits income allowances to owner in exchange for below market financing when originally built. The government contract on this property limits the owner significantly on allowable income, and cannot be removed from the USDA program within any reasonable period of time, if at all. But its tax benefits and long term ownership values may just make this a bargain in the end!