www.hotdealsoakland.com
COOPERATING WITH ALL BROKERS!
RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION
- Waiver of Ad Valorem Property Taxes
- Recent MAI Appraisal of $3,630,000
- 40% Upside in the Rents
- Great unit mix mostly 2 bedrooms
- Existing Cap 9.4%, Market Cap 11.6%
- Existing Cash on Cash Return 14%
- Market Cash on Cash Return 21%
- Existing Gross Rent Multiplier 7.5
- Market Gross Rent Multiplier 6.4
- High growth city and area influencing great appreciation potential
- No deferred maintenance - Easy Management
- Strong Rent Upside. Trouble free income and management
- Offers immediate scale in a supply constrained market.
- Tremendous access to major employers- Drafting off of eastward migration.
- Major Discount to homeownership as Oakland median home prices rise: 63% discount.