2401 Piedmont Ave - Specialty FOR SALE
Berkeley, CA 94704 |
2401 Piedmont Ave
Berkeley, CA 94704
HIGHLIGHTS
- 41-Room & 88-Bed Student Housing Opportunity on One of Berkeley’s Most Prominent Corners
- Potential to be Delivered Vacant Upon Close of Escrow, Providing a Blank Slate and Myriad of Opportunities for Implementing Deep, Value-Add Business P
- 5-Star Berkeley Location Surrounded by Student Housing Organizations & Just 1-Block from UC Berkeley Campus & Memorial Stadium
- Desirable & In-Demand Student Living Improvements: Furnished & Move-In Ready Units, Large Community & Chapter Rooms, Two Renovated Communal Kitchens,
- Meticulously Well-Maintained Asset in Move-in Ready Condition – Over $1.7M in Completed Upgrades including a New Commercial Kitchen, Seismic Upgrade,
- Landmark Berkeley Acquisition Opportunity with Value-Add Potential in a Supply Constrained Student Housing Market Adjacent to One of the Nation’s Top
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
19670
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1959
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
0.55 AC AC
LAND SF
24,000 SF
ZONING
-
APN/PARCEL ID
055-1866-001-03
