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Portfolio For Sale
Oakland, CA
Multifamily Property For Sale
·
22 Units
Investment Highlights
- Both Buildings offer immediate 5+% cash on cash return and both have very strong collection history throughout COVID.
- 346 Hanover major capital improvements throughout common areas and lobby. Updated exterior facade, new roof in 2019 and exterior paint in 2017.
- Approximately 30% upside in income at 226 Athol.
- 346 Hanover offers $150,000+ income upside.
- 226 Athol Ave. is a 1924 vitage building w/ many period details.
- New roof and skylights and potential for up to 6 ADUs in the expansive basement of 226 Athol.
Property Facts
| No. Units | 22 | No. Stories | 5 |
| Property Type | Multifamily | Parking Ratio | 0.63/1,000 SF |
| Apartment Style | Mid-Rise | APN / Parcel ID | 021-0227-008-00 |
| Average Occupancy | 100% | ||
| Zoning | RU-1/S-12 - Urban Residential | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Parking Ratio | 0.63/1,000 SF |
| APN / Parcel ID | 021-0227-008-00 |
| Zoning | RU-1/S-12 - Urban Residential |
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