Listed by NAI Northern California
$1,195,000
Casa International
Details
Property Type Retail, Multifamily
Sub Type Executive Office, Apartment Building
Square Footage 5,626
Cap Rate 11.53%
NOI $137,752
Occupancy 70.25%
Pro-Forma Cap Rate 22.85%
Pro-Forma NOI $273,014
Price per SqFt $212
Year Built 1973
Lot Size (SqFt) 15,394
Retail | 11.53% CAP | 5,626 SqFt
Marketing description
The Mitchell Warren Team is pleased to present 5714-5720 International Blvd, a 5,626 SF, 19-room plus manager's suite hospitality/multifamily investment opportunity in Oakland, CA. Situated on a 15,394 SF lot, this property offers the flexibility to continue operating as a cash-flowing motel or convert into a long-term multifamily rental. With an average occupancy rate of 70.25% over the past four years and ADR increasing from $46.55 in 2021 to $56.03 in 2024 (YTD), it delivers strong returns and boasting a 11.53% cap rate. Its prime location along International Blvd ensures steady demand from transient guests and workforce travelers, with proximity to freeways, AC Transit, and BART enhancing accessibility. For investors exploring a hotel-to-multifamily conversion, the property’s strong rental demand and existing layout make it an ideal candidate for workforce, transitional, or market-rate housing. Two separate water meters for the front and rear buildings provide an operational advantage for either use. Whether maintained as a high-yield motel or repositioned for long-term rental stability, 5720 International Blvd presents a rare, versatile investment opportunity in a growing Oakland market.
Investment highlights
- 20-Room Investment Opportunity: Featuring 19 rentable rooms, a manager’s suite, a full office with a bathroom, and an on-site laundry room.
- Strong Financial Performance: 11.53% Cap Rate, 32.39% first-year cash-on-cash return, and an average occupancy rate of 70.25% over the past four years.
- High-Demand Location: Positioned along International Blvd, a major commercial corridor with steady tenant and traveler demand.
- Excellent Transit Access: Close to I-880, I-580, I-80, AC Transit, and BART, making it ideal for both short-term guests and long-term residents.
- Multifamily Conversion Potential: Strong candidate for market rate, workforce, or transitional housing, benefiting from Oakland’s housing demand
Listing Contacts
Listed by NAI Northern California
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$137,752.00
$11,479.33/mo
Valuation Metrics
0
DSCR
11.53%
Cap Rate
11.53%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
