Apartment Buildings /CA /San Mateo County /Redwood City /2391-2395 Spring St
Apartment Buildings /CA /San Mateo County /Redwood City /2391-2395 Spring St

2391-2395 Spring St - Apartments FOR SALE


Redwood City, CA 94063- Redwood Village | 
$1,988,000 USD
650-600-1892
2391-2395 Spring St, Redwood City, CA for Sale
$1,988,000 USD
Apartments - FOR SALE
1/5
null | 5.33% Cap Rate
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2391-2395 Spring St
Redwood City, CA 94063
Redwood Village

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HIGHLIGHTS

  • Near many new redevelopment projects- residential and Office.
  • Near Stanford's new Hospital in Redwood City

OVERVIEW

MIXED USE: Apartments and Restaurant. Rent Roll $14,700 per month and rents are under market. Has 6 garges in stand alone building Parcel- 12,877sf Building 6,405sf Seller Financial possible for qualified buyers. Zoning M1- light industrial, Retail, Residential.

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

6

PRICE/UNIT

$331,333

CAP RATE

5.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed USE- Apartment& Restaurant-100% occ.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

M1

APN/PARCEL ID

054-081-080

ASK ABOUT THIS PROPERTY

Joe CainValley Research ParkMore Info
650-600-1892

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Joe CainValley Research ParkMore Info
650-600-1892

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