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2505 10th AveOakland, CA 94606
2505-2525 10th Ave
Asset ClassMultifamily
Waiver of Ad Valorem Property Taxes | Existing CAP 7.6% - 9% Cash on Cash
overview of deal

Overview

www.hotdealsoakland.com

 

COOPERATING WITH ALL BROKERS!

 

RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION

 

Waiver of Ad Valorem Property Taxes.

 

Existing Cap 7.6%, Market Cap 8.3%

 

Existing Cash on Cash Return 9 % Market Cash on Cash Return 11.2%

 

Existing Gross Rent Multiplier 8.6 Market Gross Rent Multiplier 8.1

 

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.

 

Resilient growth market fundamentals in post-COVID recovery

 

Major Discount to homeownership as Oakland median home prices rise: 63% discount.

Access the Data Room

Investment Highlights

Year Built
1957
# Units
35
Occupancy
100%
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2505 10th AveOakland, CA 94606
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