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20607 Congress Way
Castro Valley, CA 94546
Email for Tour Times - St. Francis Apartments · Multifamily Property For Sale
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15 Units
Property Facts
| No. Units | 15 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 8,238 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 8,238 SF |
| No. Stories | 3 |
| Year Built | 1956 |
| Parking Ratio | 1.82/1,000 SF |
About 20607 CONGRESS WAY , CASTRO VALLEY, CA 94546
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in St. Francis Apartments, a 15-unit apartment building located in Castro Valley, California. Situated one mile northwest from the Castro Valley BART Station and immediately proximate to Interstates-238, -580, -680 and -880, the Property offers market proven value-add potential with strategic access the San Francisco Bay Area’s most notable employers. St. Francis Apartments was built in 1956 and over $200,000 worth of interior and exterior improvements have been completed since May 2017. The Property’s unit mix is comprised of (12) one-bedroom units, and (3) two-bedroom units. The Property’s exterior has been freshly painted plus the roof and staircases have been replaced. 53% of the units have been updated with a modern turnover package. These improvements have resulted in effective rent growth of 94% over the past 12 months.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $1,800 | 500 |
| 2+1 | 3 | $2,100 | 750 |
Property Taxes
| Parcel Number | 084A-0181-047-01 | Improvements Assessment | $3,310,246 |
| Land Assessment | $1,422,262 | Total Assessment | $4,732,508 |
Property Taxes
