344 Rheem Blvd | Moraga, CA 94556
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- LoopNet Team
344 Rheem Blvd
Moraga, CA 94556
Vio At Moraga · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Attractive initial returns - 4.50% cap rate and 6.66% cash-on-cash
- Ownership has spent in excess of $1 million in recent property upgrades
- Large, flexible floor plans averaging 979 square feet in a mixture of two and three-bedroom units
- Debt assumptions are based on a 60% LTV, 3.05% rate, 5-years interest only
- 19 of 21 units have been extensively upgraded
- Two miles from Saint Mary's University
PROPERTY FACTS
| No. Units | 21 | Building Size | 20,597 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Lot Size | 0.88 AC | ||
| Zoning | 6-DUA | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 20,597 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | 6-DUA |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Grill
- Bicycle Storage
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 242 |
| 2+1 | 16 | - | 957 - 1,023 |
| 3+2 | 4 | - | 1,209 |
PROPERTY TAXES
| Parcel Number | 255-110-013-0 | Improvements Assessment | $7,942,849 |
| Land Assessment | $3,342,805 | Total Assessment | $11,285,654 |
PROPERTY TAXES
Parcel Number
255-110-013-0
Land Assessment
$3,342,805
Improvements Assessment
$7,942,849
Total Assessment
$11,285,654
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