2410 Stuart Street, Berkeley, CA 94705 2410 Stuart St 4 Unit Apartment Building $995,000 ($248,750/Unit) 5.30% Cap Rate Berkeley, CA 94705
INVESTMENT HIGHLIGHTS
- Vacant unit
- Close to Ashby BART station
- Close to UC Berkeley
EXECUTIVE SUMMARY
Close to UC Berkeley. Unit C is scheduled to move out on 5/15/25. Less than one mile to Ashby BART station.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $995,000 |
| Price Per Unit | $248,750 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Gross Rent Multiplier | 8.7 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.12 AC |
| Building Size | 2,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.48/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,225 | 675 |
1 of 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (96)
CONTACT
-
Steve Edrington -
Edrington & Associates
