22811 Vermont St | Hayward, CA 94541
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- LoopNet Team
22811 Vermont St
Hayward, CA 94541
Vermont Hills Apartments · Multifamily Property For Sale
·
64 Units
INVESTMENT HIGHLIGHTS
- First Time Offering: Vermont Hills is being offered to the open market for the first time since its original construction in 1986
- Spacious Homes in Low-Density Community: All the 2-bedroom homes at Vermont Hills offer extensive balconies
- Opportunity for In-Unit Laundry: The large floorplans offer opportunities to add in-unit laundry to the remaining ~25% of units
- Interior Renovation Potential: Market data suggests that an extensive renovation program would result in $300 to $500 in rental upside
- Low-Hanging Fruit with Additional Revenue: New ownership can immediately implement a RUBs system
- Exceptional Operations: The property has been operating at nearly 100% occupancy during the trailing 12 months with minimal collection delinquency
PROPERTY FACTS
| No. Units | 64 | Lot Size | 3.68 AC |
| Property Type | Multifamily | Building Size | 67,182 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.59/1,000 SF |
| Zoning | RS-D3 | ||
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.68 AC |
| Building Size | 67,182 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.59/1,000 SF |
| Zoning | RS-D3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Heating
- Refrigerator
SITE AMENITIES
- Controlled Access
- Clubhouse
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 64 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 416-0220-013-00 | Improvements Assessment | $14,303,600 |
| Land Assessment | $5,440,000 | Total Assessment | $19,763,120 |
PROPERTY TAXES
Parcel Number
416-0220-013-00
Land Assessment
$5,440,000
Improvements Assessment
$14,303,600
Total Assessment
$19,763,120
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