!!CONTACT JON HOLMQUIST AT 415-625-2117 FOR THE FULL OFFERING MEMORANDUM.!!
The French Quarter Apartments is a highly remodeled 24-unit multifamily community in Hayward, California, featuring gated access, covered parking, EV charging stations, exquisite common areas, and a four-star ambiance. Built circa 1970, the property has benefited from substantial capital improvements, including extensive unit renovations with upgraded kitchens and bathrooms, quartz countertops, stainless steel appliances, refinished cabinetry, recessed lighting, vinyl plank flooring, dual-pane windows, walk-in closets, and modern interior finishes. Additional improvements include exterior stucco restoration, landscaping enhancements, a new fitness center, upgraded security systems, electrical infrastructure improvements, additional storage, SB721 compliance, seismic upgrades, and stairwell safety enhancements.
With 16-remodeled units, 2-partially renovated units, and 6 vintage-style units, investors may unlock additional income potential in the strengthening East Bay rental market upon further turnover. The French Quarter offers a diverse unit mix, including 1-bedroom/1-bathroom, 2-bedroom/1-bathroom, 2-bedroom/1.5 bathroom, 2-bedroom/2-bathroom, and 3-bedroom/2-bathroom floor plans. Select units also feature private balconies, providing added appeal and comfort for residents.