Apartments For Sale • 18,720 SF
| Existing first loan with Chase Bank of $4,241,000 @ 4.10% payable monthly $21,668, due date of November 1, 2032 |
| Existing Cap 5.3%, Market Cap 6.2% |
| Existing Gross Rent Multiplier 12.3 Market Gross Rent Multiplier 11.1 |
| Existing Cash on Cash Return 4.5% Market Cash on Cash Return 6.2% |
| Near Lake Merritt |
| No deferred maintenance - Easy Management |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 1.9 mi | |
| 9 min | - | 4.3 mi | |
| Transit/Subway | Drive | Walk | Distance |
| 19th St Oakland Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) | 4 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Metro Oakland International | 19 min | - | 11.0 mi |
| San Francisco International | 37 min | - | 23.3 mi |
| Norman Y Mineta San Jose International | 54 min | - | 42.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 25 |
| Type: | Covered |
| Included in Rent: | Yes |