20161-20173 Royal Ave - Apartments FOR SALE


Hayward, CA 94541- East Outer Fremont
$3,800,000 USD
408-391-6947
20161-20173 Royal Ave, Hayward, CA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/17
null | 5.76% Cap Rate

20161-20173 Royal Ave
Hayward, CA 94541
East Outer Fremont


HIGHLIGHTS

  • 7 Townhouse units built in 2009, Fully Occupied!
  • Seven [ 3 beds 2 baths] , Additional studio room of approximately 700 sq. ft.
  • Total 21 beds, 14 baths, Total building size: 10,031 Sq. Ft., Total lot size: 20,328 Sq.ft (0.47 Acre) lot dimensions
  • 2024 Gross Annual Rent $262K, CAP Rate 5.75%
  • Built with a subdivision plan design, separate meters for each unit. Potential for subdividing
  • Gated community. Walking distance to schools, shopping centers, and parks

OVERVIEW

Text Jun @ 408-827-1383 for questions and OM https://app.disclosures.io/link/20161-Royal-Avenue-vd3x8dv2 • Prime Investment Opportunity! 7 Townhouse units built in 2009, Fully Occupied! • Seven [ 3 beds 2 baths] , Additional studio room of approximately 700 Sq. Ft. • Total 21 beds, 14 baths, Total building size: 10,031 Sq. Ft. Total lot size: 20,328 Sq.ft (0.47 Acre) lot dimensions • Gross Annual 2024 Rent $262,200, CAP Rate 5.75%, Pro- Forma CAP Rate with manager studio room 6.23%• Built with a subdivision plan design, separate meters for each unit. Potential for subdividing. • Gated community. Walking distance to schools, shopping centers, and parks • Excellent location in the San Francisco Bay Area,Easy access to Highways 880, 580, and 92 (San Mateo Bridge). Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

7

PRICE/UNIT

$542,857

CAP RATE

5.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

7700

APN/PARCEL ID

432-0004-005-02

ASK ABOUT THIS PROPERTY

Yunjie LiACT Realty and Finance GroupMore Info
408-391-6947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Yunjie LiACT Realty and Finance GroupMore Info
408-391-6947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.