306 Reservation RD

Spacious 1 bedroom 1 bath condo in downtown Marina. Located in a secure building on the second floor with 5 other residential units all of which are rentals and 4 commercial offices on the first floor. There is an enclosed parking garage with one space and storage unit for the unit. There is also an elevator from the parking garage to the second floor. All appliances are included. The location is convenient to shops, restaurants, the rec trail, and beach. Cal State University Monterey Bay is nearby along with easy access via highway 1 to Carmel, Monterey, and Santa Cruz. Salinas is a quick drive to the east. This unit is available to ANY buyer and is no longer part of the City of Marina Below Market Rate (BMR) Homeownership program. Authorization memo to sell at market rate by the city, along with appraisal is available in the MLS reports link. Buyer to determine ability to finance unit given the ownership ratios of the rest of the building. It may be necessary for an all-cash offer.