36976 Mulberry St - Apartments FOR SALE


Newark, CA 94560
$3,385,000 USD
925-699-0999
36976 Mulberry St, Newark, CA for Sale
$3,385,000 USD
Apartments - FOR SALE
1/45
null | 6% Cap Rate

36976 Mulberry St
Newark, CA 94560


HIGHLIGHTS

  • Located in heart of Newark
  • Many recent updates throughout
  • Upside potential on rents

OVERVIEW

Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be adjusted now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently and painted outside; the commercial unit can easily be a residential unit. These don't come along that often. Great cap rate over 6%. Priced $400,000 under the assessors appraised value.

FOR SALE DETAILS

PRICE

$3,385,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

10

PRICE/UNIT

$338,500

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

-

APN/PARCEL ID

092-0029-020-02

ASK ABOUT THIS PROPERTY

David MorrisValley BrokersMore Info
925-699-0999

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

David MorrisValley BrokersMore Info
925-699-0999

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