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434 Central Avenue - Surfside Apartments, Alameda, CA

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434 Central Avenue - Surfside Apartments

Alameda, CA 94501 - Alameda MF Submarket

(3.2 MB)

Property Type:Multi-Family Number of Units:53 Status:Existing Year Built:1964
Stories:3 Building Size:34,480 SF Land Area:1.07 AC (46,609 SF)
For Sale Price:$20,312,250 Price/Unit:$383,250.00 Cap Rate:3.65 % GRM:15.26

Portfolio:This property is for sale (for $220,000,000) as part of a portfolio of 10 properties.
Parking:1.54 Parking Spaces / 1,000 SF

Composition Open(Tandem) Covered(Tandem) Total Condition
Asphault: 37(0) 0(0) 37 Average
Concrete: 0(0) 16(0) 16 Average

Property Description: 53-UNIT APARTMENT COMPLEX. Located in water-oriented setting along the shores of San Francisco Bay. Swimming pool, laundry room, elevators, gated access, onsite parking. Units include ceiling fans and dishwashers.

Sale Notes:
Principles only please. For any appointments to view, please contact Mike Wahba directly at (415) 312-7706. Mike Wahba has been retained to represent the ownership and to accompany prospective purchasers on all visits to the subject property. Please do not disturb residents or management.

Global Investors Network
Mike Wahba
(415) 312-7706

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