Description

Summit Apartments is a 36-unit community with spacious floor plans. The property was originally developed in 1966 -1968 and contains one, two and three bedroom plans. The three-story building features controlled access entry and an elevator. Many units have been remodeled. The site is located in a quiet area of the City of Hayward, within close proximity of BART and major highways. Residents enjoy numerous conveniences nearby, including community services, restaurants and retail. The Property offers an opportunity to own a well-maintained San Francisco-East Bay property in a desirable rental sub-market.

The City of Hayward provides numerous shopping, entertainment, and recreational options for its residents. Hayward has a pedestrian-friendly downtown comprised of two story buildings with a mix of housing, retail shops, offices, and restaurants, and ample free parking. Downtown is the site of the Saturday Farmer's Market and celebrations throughout the year including the Blues and Brew, Celebration of Nations, and Art and Wine Festivals. The new Civic Center serves as the focal point for the city' s revitalization, with the development of a new City Hall, government offices, retail stores, and condominiums adjacent to the downtown Hayward BART station.