| INCOME PROPERTY FOR SALE: 9 UNITS |
| STATUS: |
Sold - September, 2000 |
| ADDRESS: |
6716 MacArthur Blvd., Oakland, CA 94605
Cross Street: 68th Avenue Map Code: 671A3 |
| DESCRIPTION: |
Attractive complex in East Oakland with lots of potential. Owned by the same family since 1963. Large 1-br apartments with hardwood floors, half currently vacant. Occupied units rents are $450, $550, $525, $425 and $515. Off-street parking, separate PG&E meters plus separate water heaters. Needs work. Buyer rented the vacancies within a week of close of escrow at $700. |
| MOTIVATION: |
Family selling. Buyer exchanged. |
| PRICE: |
$350,000 |
| TERMS: |
All cash to Seller |
VALUE
INDICATORS: |
GRM: n/a
Cap Rate: n/a
Price per unit: $38,888
Price per square foot: $51
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For a complete statement on this property please call or email your request, indicating whether you would like the package sent by mail or fax.
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