HIGHLIGHTS:
Property Highlights:
- Sale Price: $2,461,478.67
- Potential Market Cash on Cash 23%
- Potential Market Cap Rate 11%
- Potential Market Gross rent Multiplier 7.5
- $88,788 or almost 100% Upside in Annual Rents
- Clear Section 1 and Section 2 Pest Clearances
- Great Add Value Investment- Easy Management
- High Growth City influencing great appreciation potential
- No deferred maintenance- Newer roof Lease Rate: $0.70 PSF MG/Per Month – $2.4 Million Sale Price
Building Size;
+/- 4,178 SF
8 Units, 2bdrm, 1 bath, Studio, 1 bath, (6) 1 bdrm, 1bath
Parcel Size
+/-5,160 SF
3114-3128 Ashbrook Court Oakland CA 94601
DANIEL MUELLER
Executive Director
916 704 9341
dmueller@muellercommercial.com
Cal DRE# 01829919
GEORGE DEAN
Director
415-377-1353
gdean@muellercommercial.com
Cal DRE# 02028961
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