| INCOME PROPERTY FOR SALE: Office/Retail Building |
| STATUS: |
Sold - July, 2000 |
| ADDRESS: |
Rockridge Court: 5335 College Avenue, Oakland, CA 94618 |
| DESCRIPTION: |
Newer office/retail building built in 1989. Three retail tenants on ground floor in front and the rest are office tenants. Off-street parking for the eight tenants. Great location. |
| MOTIVATION: |
Sellers exchanged out-of-state. Buyer exchanged. |
| PRICE: |
$2,290,000 |
| TERMS: |
$765,000 down. New loan from Mechanics Bank. |
VALUE
INDICATORS: |
GRM: 8.4
Cap Rate: 8.3
Price per square foot: $209
 |
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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