1445 Harrison St - Apartments FOR SALE
Oakland, CA 94612 |
1445 Harrison St
Oakland, CA 94612
HIGHLIGHTS
- Exceptional Opportunity to Acquire a Historic 118 Unit Apartment Building + 1 Commercial Space in the Heart of Downtown Oakland
- Section 42 LIHTC Affordable Housing Building With 25 Years Remaining in the TCAC Regulatory Agreement
- Existing Cap 8%, Market Cap 12.5%
- Existing Cash on Cash Return 10.24% Market Cash on Cash Return 20%
- Existing Gross Rent Multiplier 8.85 Market Gross Rent Multiplier 6.4
- High growth city and area influencing great appreciation potential
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Deep Discount Year End Close! 8%CAP
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
115750
STORIES
7
YEAR BUILT
1925
PARKING SPACES
46
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
008-0625-043-00
