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Multifamily

787 22nd St

787 22nd St, Oakland, CA 94612

Listing Price: $4,400,000

Cap Rate
6.08%
Number of Units
22
GRM
9.12
Occupancy
97.0%
Price/Unit
$200,000
Price/Gross SF
$323.51
Gross SF
13,601

Investment Overview

Welcome to an exceptional investment opportunity in the vibrant city of Oakland, California – a meticulously maintained 22-unit apartment building primed for investors seeking robust returns and a foothold in the thriving Bay Area market. This property combines location, versatility, and strong market fundamentals to deliver a compelling investment package.
Nestled in the heart of Oakland, this apartment building enjoys proximity to Oakland's burgeoning downtown, major employment hubs, and easy access to public transportation. Oakland's diverse economy, anchored by tech companies and cultural attractions, continues to attract tenants seeking urban living.
The property boasts a diverse mix of units, including thirteen one-bedroom one bath units, and nine studios. Oakland's rental market is dynamic, offering solid rental income potential. The city's limited housing supply and sustained demand from a growing population provide a stable foundation for rent growth and high occupancy rates.
The property presents value enhancement opportunities through selective renovations and modern upgrades. The apartment building has been well maintained, reflecting a commitment to tenant satisfaction, and reducing ongoing maintenance expenses.
The apartment building is conveniently located near shopping centers, dining options, recreational facilities, and cultural hotspots, making it an attractive destination for tenants seeking a vibrant urban lifestyle.
The property presents an exceptional investment opportunity marked by its strategic location, unit diversity, potential for value enhancement, and the robust Oakland rental market. This is your chance to secure an investment in a well-situated asset with immediate income potential and long-term appreciation prospects in the heart of the Bay Area. Seize this opportunity to become part of Oakland's thriving real estate landscape.

Investment Highlights

  • 22-unit apartment building in Oakland, California.
  • Conveniently located near shopping centers, dining options, recreational facilities, and cultural hotspots.
  • The property presents value enhancement opportunities through selective renovations and modern upgrades.

Exclusively Listed By

Multifamily

787 22nd St

Listing Price: $4,400,000

Cap Rate
6.08%
Number of Units
22
GRM
9.12
Occupancy
97.0%
Price/Unit
$200,000
Price/Gross SF
$323.51
Gross SF
13,601

Investment Highlights

  • 22-unit apartment building in Oakland, California.
  • Conveniently located near shopping centers, dining options, recreational facilities, and cultural hotspots.
  • The property presents value enhancement opportunities through selective renovations and modern upgrades.

Investment Overview

Welcome to an exceptional investment opportunity in the vibrant city of Oakland, California – a meticulously maintained 22-unit apartment building primed for investors seeking robust returns and a foothold in the thriving Bay Area market. This property combines location, versatility, and strong market fundamentals to deliver a compelling investment package. Nestled in the heart of Oakland, this apartment building enjoys proximity to Oakland's burgeoning downtown, major employment hubs, and easy access to public transportation. Oakland's diverse economy, anchored by tech companies and cultural attractions, continues to attract tenants seeking urban living. The property boasts a diverse mix of units, including thirteen one-bedroom one bath units, and nine studios. Oakland's rental market is dynamic, offering solid rental income potential. The city's limited housing supply and sustained demand from a growing population provide a stable foundation for rent growth and high occupancy rates. The property presents value enhancement opportunities through selective renovations and modern upgrades. The apartment building has been well maintained, reflecting a commitment to tenant satisfaction, and reducing ongoing maintenance expenses. The apartment building is conveniently located near shopping centers, dining options, recreational facilities, and cultural hotspots, making it an attractive destination for tenants seeking a vibrant urban lifestyle. The property presents an exceptional investment opportunity marked by its strategic location, unit diversity, potential for value enhancement, and the robust Oakland rental market. This is your chance to secure an investment in a well-situated asset with immediate income potential and long-term appreciation prospects in the heart of the Bay Area. Seize this opportunity to become part of Oakland's thriving real estate landscape.

Exclusively Listed By

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