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3104 14th AveOakland, CA 94602
3104-3122-3130 14th Ave
Asset ClassMultifamily
3% in Place Financing | $205 Per Square Foot
overview of deal

Overview

www.hotdealsoakland.com

 

COOPERATING WITH ALL BROKERS!

 

RECESSION PROOF INVESTMENT_TRUE HEDGE AGAINST INFLATION

 

Existing first loan with Chase Bank of $2,622,699.88 @ 3.15% payable monthly

 

$11,800, due date 2032 buyer may take “subject to” if they elect to do so.

 

20% Upside in the Rents

 

Existing Cap 6.1%, Market Cap 7.6%

 

Existing Gross Rent Multiplier 11.1 Market Gross Rent Multiplier 9.4.

Existing Cash on Cash Return 6.4% Market Cash on Cash Return 9%

High growth city and area influencing great appreciation potential

No deferred maintenance - Easy Management

Strong Rent Upside. Trouble free income and management

Across the street from Highland Hospital.

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.

Access the Data Room

Investment Highlights

Year Built
1949
Occupancy
100%
# Units
29
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3104 14th AveOakland, CA 94602
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