1108 Chestnut St | Oakland, CA 94607
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- LoopNet Team
1108 Chestnut St
Oakland, CA 94607
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 21% Upside in the Rents
- Market Cash on Cash Return 10.5%
- High growth city and area influencing great appreciation potential
- Existing Cap 6%, Market Cap 8.1%
- Existing Gross Rent Multiplier 11.3 Market Gross Rent Multiplier 8.9
- No deferred maintenance - Easy Management
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 004-0015-024-00 | Improvements Assessment | $506,940 |
| Land Assessment | $306,000 | Total Assessment | $812,940 |
PROPERTY TAXES
Parcel Number
004-0015-024-00
Land Assessment
$306,000
Improvements Assessment
$506,940
Total Assessment
$812,940
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