9874 Bancroft Ave - Apartments FOR SALE
Oakland, CA 94603 |
9874 Bancroft Ave
Oakland, CA 94603
HIGHLIGHTS
- Nine Unit Apartment Complex Comprised of Six 2bd/1bth Units of 920 SqFt and Three 1bd/1bth Units of 700 SqFt
- Priced at Only $221,667 Per Unit & $262.33 SqFt
- Current Cap of 6.65% and 9.72% Market Cap
- Nearly $75K in Yearly Rental Upside Upon Turnover, Gradual Rent Increases, or Capital Improvement Passthroughs
- Current GRM of 10.31 and 7.71 Market GRM
- Many Remodeled Units w/Easy Tenants
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7612
STORIES
2
YEAR BUILT
1960
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
046-5478-021-04
