500 22nd St | Richmond, CA 94801
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- LoopNet Team
500 22nd St
Richmond, CA 94801
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Own a Well-Maintained Apartment Community in the High-Demand Richmond Rental Market
- Fresh Paint & New Roof
- Excellent Location Next to Shopping, Dining, Public Transportation and More on the Corner of 22nd and Barrett Ave
- Five Garages Provide the Tenants with Ample Parking and Storage Space
- High In Place Cap Rate & Significant Upside Through Banked Rent Increases & Cap Ex Pass Throughs
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,787 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.84/1,000 SF |
| Lot Size | 0.09 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,787 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.84/1,000 SF |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,975 | 705 |
| 1+1 | 4 | $1,336 | 500 |
PROPERTY TAXES
| Parcel Number | 514-220-017-8 | Improvements Assessment | $433,500 |
| Land Assessment | $382,500 | Total Assessment | $816,000 |
PROPERTY TAXES
Parcel Number
514-220-017-8
Land Assessment
$382,500
Improvements Assessment
$433,500
Total Assessment
$816,000
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