8100 MacArthur Blvd - Hospitality FOR SALE


Oakland, CA 94605- Middle East Oakland
$4,250,000 USD
510-433-5867
8100 MacArthur Blvd, Oakland, CA for Sale
$4,250,000 USD
Hospitality - FOR SALE
1/43
null | Request Cap Rate

8100 MacArthur Blvd
Oakland, CA 94605
Middle East Oakland


HIGHLIGHTS

  • Supportive / Transitional Housing / Development Opportunity
  • Structure – 6,983 SF Land – 20,104 SF (0.4591 ac)
  • Manager’s Suite On site - 2 Bedroom
  • Parking 15 stalls on-site

OVERVIEW

6,983 SF Hospitality Structure on 20,104 SF Parcel 22 Guest Rooms (Former Kitchenettes) Building Condition Recent management change, some visible wear, meets current building code, recent refresh to multiple rooms, 3 kitchenette units, terminated gas service to all rooms, room sizes of approximately 190 SF, 209 SF, and 399 SF, on-site laundry and ample storage

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$609 USD /SF

# OF ROOMS

23

PRICE/ROOM

$184,783 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Lane Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,104 SF

ZONING

RU-4

APN/PARCEL ID

040A-3422-011-04

ASK ABOUT THIS PROPERTY

Gregory HunterColliersMore Info
510-433-5867

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Gregory HunterColliersMore Info
510-433-5867

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