| INCOME PROPERTY FOR SALE: 9 UNITS |
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| STATUS: |
Sold - April, 2002 |
| ADDRESS: |
415 Adams Street, Oakland, CA 94610 Cross Street: Euclid Avenue Map Code: 649J2 |
| MOTIVATION: |
Seller and buyer exchanged. |
| PRICE: |
$1,000,000 |
| TERMS: |
Cash to new loan. |
| DESCRIPTION: |
Modern motel style nine-unit building in Oakland's Adams Point district. Unit mix consists of eight 2-br/1-ba and one 1-br/1-ba apartments. Building has a common laundry room and some parking in front. |
VALUE INDICATORS: |
GRM: 9.8 · Cap Rate: 6.2 · Price per unit: $111,000 · Price square foot: $156
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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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