1460 Contra Costa Blvd - Apartments FOR SALE
Pleasant Hill, CA 94523 |
1460 Contra Costa Blvd
Pleasant Hill, CA 94523
HIGHLIGHTS
- RARE OPPORTUNITY TO ACQUIRE PLEASANT HILL MULTIFAMILY REAL ESTATE
- VALUE ADD STRATEGY THROUGH INTERIOR UNIT RENOVATION
- PLEASANT HILL ECONOMIC FUNDAMENTALS POINT TO CONTINUED POPULATION AND RENT GROWTH
- PLEASANT HILL SCHOOL RATING AND AVERAGE INCOME ARE IN LINE WITH THE BEST IN THE EAST BAY - 40% increase in single family home prices over last 2 years
- COMPLETE EXTERIOR RENOVATION IN 2016/2017
- ASSUMABLE DEBT @ 3.44% INTEREST ONLY AND SUPPLEMENTAL YIELDS POTENTIAL ±19% IRR
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
RARE OPPORTUNITY: 71 UNITS IN PLEASANT HILL
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
40780
STORIES
3
YEAR BUILT
1961
PARKING SPACES
66
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
127-050-070-3
