2251 Buena Vista Ave - Apartments FOR SALE


San Leandro, CA 94577- Old San Leandro
$6,200,000 USD
510-433-5816
2251 Buena Vista Ave, San Leandro, CA for Sale
$6,200,000 USD
Apartments - FOR SALE
1/13
null | 5.18% Cap Rate

2251 Buena Vista Ave
San Leandro, CA 94577
Old San Leandro


HIGHLIGHTS

  • Exceptional Value Add Opportunity
  • Over 16% in Potential Rental Upside
  • First time ever on Market. Original Ownership.
  • Walking Distance to over (75) retail options.
  • Private Spacious Patios / Balconies in Select Units
  • Walking Distance to Downtown San Leandro & BART

OVERVIEW

***TOUR DATES BY APPOINTMENT ONLY*** August 7th | 12:00 pm to 1:00 pm August 12th | 12:00 pm to 1:00 pm August 14th | 12:00 pm to 1:00 pm Buena Vista Gardens, 2251 Buena Vista Avenue in San Leandro, CA is strategically located a few blocks from downtown San Leandro and an abundance of retail options. The building sits at the end of a quiet home lined street. The property is scure, and offers residents a serene and peaceful setting. The property and been very well maintained and is being sold by the family of the original developer. 2251 Buena Vista Avenue, San Leandro, is a low-rise, two-story apartment community built in 1962. The property comprises 24 units with a desirable unit mix consisting of: (8) 1-Bed / 1 Bath units (15) 2-Bed / 1 Bath units (1) 2-Bedroom / 2 Bathroom Each unit is individually metered for gas & electricity and features a private balcony or patio in select units. Property amenities include on-site laundry and gated, secure parking with a 1:1 ratio for tenants.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$362 USD /SF

# OF UNITS

24

PRICE/UNIT

$258,333

CAP RATE

5.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Buena Vista Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,200 SF

ZONING

RM-1800

APN/PARCEL ID

077-0556-064-01

ASK ABOUT THIS PROPERTY

Ryan RodriguezColliersMore Info
510-433-5816

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Ryan RodriguezColliersMore Info
510-433-5816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.