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JUST LISTED | $125K PER UNIT | 6.79% CAP 1832 Fruitvale Ave 8 Unit Apartment Building $999,999 ($125,000/Unit) 6.79% Cap Rate Oakland, CA 94601

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Investment Highlights

7 Studio Units | 1 Detached House with Side Yard Patio
Stable Property with Long-Term Tenants
On-site Tenant Parking | Tenant Common Area

Motivated Seller
Exceptional Fruitvale Location | Upside Potential in Rents
Great Fruitvale Location | 7 Studio Units

Executive Summary

Qualified investors are extended the opportunity to acquire 1832 Fruitvale Avenue located in Oakland's Fruitvale neighborhood. This well-maintained apartment community was built in 1910 and consists of two buildings on one lot. The property boasts one 2 bedroom / 1 bath single-family home and 7 studio units. 1832 Fruitvale Avenue allows both local and regional investors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value.
Please DO NOT Disturb Tenants.
Disclosure: https://app.disclosures.io/link/1832-Fruitvale-Avenue-giwv6zgs

OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/1832-Fruitvale-Avenue-giwv6zgs

1832 Fruitvale Ave Oakland - BOV

Property Facts

Price	$999,999	Apartment Style	Low-Rise
Price Per Unit	$125,000	Building Class	C
Sale Type	Investment	Lot Size	0.15 AC
Cap Rate	6.79%	Building Size	15,000 SF
Gross Rent Multiplier	8.06	Average Occupancy	100%
No. Units	8	No. Stories	2
Property Type	Multifamily	Year Built	1910
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$999,999
Price Per Unit	$125,000
Sale Type	Investment
Cap Rate	6.79%
Gross Rent Multiplier	8.06
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.15 AC
Building Size	15,000 SF
Average Occupancy	100%
No. Stories	2
Year Built	1910
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.