INCOME PROPERTY FOR SALE: 9 UNITS
415 Adams St.

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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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