deal image
2605 9th AveOakland, CA 94606
2605 9th Ave
Asset ClassMultifamily
$670,000 Below MAI Appraisal | 7.2% CAP RATE
overview of deal

Overview

www.hotdealsoakland.com

 

COOPERATING WITH ALL BROKERS!

 

RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION

 

$670,000 Below MAI Appraisal Existing Cap 7.2%, Market Cap 8% Existing Cash on Cash Return 8% Market Cash on Cash Return 10.5% Existing Gross Rent Multiplier 9.9 Market Gross Rent Multiplier 9.2 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
1964
Occupancy
100%
# Units
10
Square Feet
7,600
deal gallery image
deal gallery image
deal gallery image
2605 9th AveOakland, CA 94606
deal image

Inquire

Listing provided by LightBox Revere