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2425 Prospect St
Berkeley, CA 94704
CALL FOR OFFERS - Tuesday, 1/22 by 5 PM (PST) · Multifamily Property For Sale
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33 Units
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- High Speed Internet Access
- Refrigerator
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Roof Terrace
- Lounge
- Walk To Campus
- Smoke Detector
ABOUT 2425 PROSPECT ST , BERKELEY, CA 94704
**CALL FOR OFFERS - DUE TUESDAY, JANUARY 22ND BY 5:00PM (PST)** Visit www.HillsideResidenceHall-Berkeley.com to view the Offering Memorandum and other property-related documents. Colliers International, as the exclusive adviser, is pleased to present the opportunity to acquire Hillside Residence Hall, a 33-unit (72 bed) apartment community in Berkeley, CA. Hillside Residence Hall, is located at 2425 Prospect Street in Berkeley, CA. The property is ideally located less than two blocks from the University of California, Berkeley. Hillside Residence Hall offers investors the opportunity to acquire a sizable, in-demand asset with significant upside. New ownership will have the option to continue increasing rents and capitalize on the existing loss-to-lease or implement a moderate-to-significant renovation of the unit interiors and/or current floorplan. The combination of the irreplaceable location, historically strong market and the overall condition of the asset makes Hillside Residence Hall one of the most unique offerings in the entire Bay Area.
PROPERTY TAXES
| Parcel Number | 055-1856-014-00 | Improvements Assessment | $4,751,000 |
| Land Assessment | $4,462,000 | Total Assessment | $9,213,000 |
PROPERTY TAXES
