21806 Meekland Ave Hayward, CA 94541
Stabilized multifamily property in Hayward's Cherryland District with upside potential.
Property size:
10,017 SFProperty Features for 21806 Meekland Ave
General Information
- Standard status
- Active
- Size
- 10,017 SF
Building Details
- Year built
- 1940
Source:
Corcoran
Listing Agent: Ralph Watkins Iii
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hayward Multifamily Investment Opportunity
Located in the Cherryland District of Hayward, Alameda County, this multifamily property presents an investment opportunity. The property features a unit mix consisting of a 3-bedroom, 1-bath single-family home at the front and thirteen 2-bedroom, 1-bath units at the rear. The single-family home includes a garage and laundry facilities. Off-street parking is available for the rear units. The property is centrally located with access to freeways, public transportation, and Downtown Hayward, which is less than 2 miles away. The property generates a stabilized 5.03% cap rate with proforma cap rate approaching 7%. The property size is 10017 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.1043716
- Latitude
- 37.6722879
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Stabilized multifamily property in Hayward's Cherryland District with upside potential.
Where is this apartment building located?
The property is located at 21806 Meekland Ave Hayward, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: - Stabilized 5.03% Cap Rate with Proforma Cap Rate approaching 7%; - Prime multi-family unit mix: 3 bed/1 bath SFH and thirteen 2 bed/1 bath units; - Excellent location with easy access to freeways and public transportation