2044 Ascot Dr - Apartments FOR SALE


Moraga, CA 94556- Ascot Drive Area
$2,899,000 USD
2044 Ascot Dr, Moraga, CA for Sale
$2,899,000 USD
Apartments - FOR SALE
1/6
null | 4.48% Cap Rate

2044 Ascot Dr
Moraga, CA 94556
Ascot Drive Area


HIGHLIGHTS

  • GENERATIONAL PRIDE OF OWNERSHIP PROPERTY INCREDIBLE PRIVATE SETTING !
  • INCREDIBLE PRIVATE SETTING STEPS AWAY FROM THE SECLUDED POOL & BBQ AREA
  • LARGE & SPACIOUS UPDATED INTERIORS
  • GARAGE & CARPORT PARKING & ON-SITE LAUNDRY
  • PRIVATE PATIOS & DECKS
  • VERY STRONG RENTAL HISTORY

OVERVIEW

2044 ASCOT DR. OFFERS INVESTORS AN OPPORTUNITY TO ACQUIRE A GENERATIONAL PRIDE OF OWNERSHIP APARTMENT BUILDING IN ONE OF THE EAST BAYS PREMIER LOCATIONS. THE PROPERTY CONSISTS OF 6 TWO BEDROOM APARTMENTS AND A 1 ONE BEDROOM APARTMENT IN AN INCREDIBLE GARDEN SETTING WITHIN A STEPS OF THE SECLUDED POOL, BBQ & CABANA AREA. 2044 ASCOT HAS LONG TERM HISTORICAL OCCUPANCY AND IN PLACE RENTS ARE WITHIN 9% OF CURRENT MARKET RENTS. ADDITIONAL INCOME UPSIDE POTENTIAL VIA PARKING, LAUNDRY & THE IMPLEMENTATION OF A RATIONED UTILITY BILLING SYSTEM. THE RESIDENTS OF 2044 ASCOT ARE ALSO ONLY STEPS AWAY FROM MULHOLLAND OPEN SPACE & HIKING AND A QUICK DRIVE TO ST. MARYS COLLEGE. AMAZING INTERIOR UPDATES ALONG WITH OVER $90,000 IN RECENT IMPROVEMENTS. ONE NON-CONFORMING UNIT. REQUEST THE MARKETING PACKAGE VIA EMAIL.

FOR SALE DETAILS

PRICE

$2,899,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

7

PRICE/UNIT

$414,143

CAP RATE

4.48%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

R-6, Moraga

APN/PARCEL ID

255-461-004-4

ASK ABOUT THIS PROPERTY

Ted Booras, CCIMUnited Apartment GroupMore Info

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Ted Booras, CCIMUnited Apartment GroupMore Info

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