INCOME PROPERTY FOR SALE: 63 UNITS		click to see larger image
STATUS:	Available
ADDRESS:	Paraiso Luxury Garden Villas 963 West Tennyson Road, Hayward, CA 94544 Cross Street: Tyrrell Avenue  Map Code: 712A7
PRICE:	$8,300,000
VALUE INDICATORS:	GRM: 8.6 (8.3 proj.) Cap Rate: 6.9 (7.3 proj.) Price per unit: $131,746 Price per square foot: $159
DESCRIPTION:	63-unit apartment building completely remodeled beginning in 2002 (see attachment with description of work). Unit mix consists of ten 3br/2ba and 53-2br/2ba apartments. Amenities include gated off-street parking, pool, playground, barbecue area, two laundry rooms, high-capacity wiring for Internet connections and more.
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