Oakland Apartment Complex
314 105th Ave Oakland, CA 94603
314 105th Ave, Oakland, CA, 94603
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For Sale
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49-unit apartment complex with high occupancy and income potential.
Days on Market666
Property Features for 314 105th Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency
Liberty Business Advisors
(925) 932-2450
Listed by
Matt Sadati · License #00704888
Source
Crexi
Added: Sep 20, 2024 Checked: Jul 16 at 9:14 am
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Investment Insights
Based on property information with market context.
This 49-unit apartment complex is located in Oakland, CA. The property features 21 one-bedroom, one-bath units, each approximately 560 square feet, and 28 two-bedroom, two-bath units, each approximately 799 square feet. The complex maintains a 98% occupancy rate and has a waiting list. The property generates an annual income of $520,000 and offers potential for rental income growth as units become vacant and rents are increased. The unit mix caters to a diverse tenant base, enhancing rental prospects. The owner is offering an assumable loan of approximately $4,500,000 at a low interest rate.
Key Highlights
- High Annual Income: Generates $520,000 annually.
- Assumable Loan: Take advantage of an assumable loan of approximately $4,500,000 at a low interest rate.
- High Occupancy Rate: Boasts a 98% occupancy rate with a waiting list.
Property Analytics
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FAQs
What type of property is this?
Apartment building - 49-unit apartment complex with high occupancy and income potential.
Where is this apartment building located?
The property is located at 314 105th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: High Annual Income: Generates $520,000 annually.; **Assumable Loan:** Take advantage of an assumable loan of approximately $4,500,000 at a low interest rate.; **High Occupancy Rate:** Boasts a 98% occupancy rate with a waiting list.
