Channing Way Townhouses 739-747 Channing Way 14 Unit Apartment Building $13,500,000 ($964,286/Unit) 3.47% Cap Rate Berkeley, CA 94710
FINANCIAL SUMMARY (ACTUAL - 2024) 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 | $13,500,000 |
| Price Per Unit | $964,286 |
| Sale Type | Investment |
| Cap Rate | 3.47% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 0.37 AC |
| Building Size | 20,176 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 2022/2023 |
| Tenancy | Single |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | MU-R |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Carpet
- Double Pane Windows
- Freezer
- Handrails
- Office
- Smoke Free
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Controlled Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
- Gas Range
- Recycling
- Smoke Free
- Car Charging Station
- Composting
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 14 | $4,150 | 1,180 - 1,502 |
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 056-1945-012-00 | Total Assessment | $9,586,409 |
| Land Assessment | $2,607,569 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $6,978,840 | Tax Year | 2024 |
CONTACT
-
Phil Fair -
Corcoran Icon Properties
