314 105th Ave Oakland, CA 94603
49-unit apartment complex with high occupancy and income potential.
Type:Multifamily
- Added:
- Sep 20, 2024
- Days on Market:
- 576
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 314 105th Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Matt Sadati License #00704888
Listing office Liberty Business Advisors
Listing date Sep 20, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Liberty Business Advisors
Overview
Oakland Apartment Complex Investment
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.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.1811873
- Latitude
- 37.7260984
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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.
