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1810 E 25th StOakland, CA 94606
1810 25th Street
Asset ClassMultifamily
Waiver of Ad Valorem Property Taxes | 9.5% CAP RATE
overview of deal

Overview

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.
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Investment Highlights

# Units
23
Occupancy
100%
Year Built
1961
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1810 E 25th StOakland, CA 94606
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