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Multifamily

Hilltop Apartments

24035 2nd St, Hayward, CA 94541

Listing Price: $5,900,000

Cap Rate
4.19%
Number of Units
26
GRM
11.74
Occupancy
96.5%
Price/Unit
$226,923
Price/Gross SF
$418.08
Gross SF
14,112

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Hilltop Apartments, a well-maintained property located at 24035 2nd Street in the highly sought after Hayward rental market. Sitting on a 0.71 acre lot, the 14,112 square foot property consists of (26) one bedroom/one bathroom units as well as a managers office.

Constructed in 1959, 24035 2nd Street offers a beautiful, shaded front garden and large backyard common spaces for residents to enjoy. The building is two stories and offers 27 parking spaces. A laundry room with coin-operated machines is on site.

Hilltop Apartments is conveniently located less than one mile from Hayward BART station and less than 5 minutes from California State University, East Bay. With close proximity to Downtown Hayward, various shopping and dining are at the fingertips of the residents at Hilltop Apartments. Highways 580, 880, and Amtrak are a short distance from this central location, making the entire San Francisco Bay Area and Silicon Valley easily accessible.

Investment Highlights

  • Less than One Mile from Hayward BART Station and Five Minutes from CSU East Bay
  • Close Proximity to Various Shopping/Dining in Downtown Hayward
  • Private Garden and Large Rear Yard Common Area
  • 26 Well-Maintained One-Bedroom Units
  • Attractive Price Per Unit

Exclusively Listed By

Listing Price: $5,900,000

Cap Rate
4.19%
Number of Units
26
GRM
11.74
Occupancy
96.5%
Price/Unit
$226,923
Price/Gross SF
$418.08
Gross SF
14,112

Investment Highlights

  • Less than One Mile from Hayward BART Station and Five Minutes from CSU East Bay
  • Close Proximity to Various Shopping/Dining in Downtown Hayward
  • Private Garden and Large Rear Yard Common Area
  • 26 Well-Maintained One-Bedroom Units
  • Attractive Price Per Unit

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Hilltop Apartments, a well-maintained property located at 24035 2nd Street in the highly sought after Hayward rental market. Sitting on a 0.71 acre lot, the 14,112 square foot property consists of (26) one bedroom/one bathroom units as well as a managers office.

Constructed in 1959, 24035 2nd Street offers a beautiful, shaded front garden and large backyard common spaces for residents to enjoy. The building is two stories and offers 27 parking spaces. A laundry room with coin-operated machines is on site.

Hilltop Apartments is conveniently located less than one mile from Hayward BART station and less than 5 minutes from California State University, East Bay. With close proximity to Downtown Hayward, various shopping and dining are at the fingertips of the residents at Hilltop Apartments. Highways 580, 880, and Amtrak are a short distance from this central location, making the entire San Francisco Bay Area and Silicon Valley easily accessible.

Exclusively Listed By

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