20607 Congress Way | Castro Valley, CA 94546
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20607 Congress Way
Castro Valley, CA 94546
5.05% In-Place Cap Rate! · Multifamily Property For Sale
·
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
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 | - | 500 |
| 2+1 | 3 | - | 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
Parcel Number
084A-0181-047-01
Land Assessment
$1,422,262
Improvements Assessment
$3,310,246
Total Assessment
$4,732,508
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