Listed by United Apartment Group
$1,125,000
Bridge View
Details
APN 372-051-015-9
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,312
Net Rentable (SqFt) 3,312
Units 4
Occupancy 100%
Pro-Forma Cap Rate 6.78%
Pro-Forma NOI $76,308
Price per SqFt $340
Broker Co-Op Yes
Class C
Year Built 1964
Year Renovated 2005
Buildings 1
Stories 3
Parking Spaces 8 spaces
Parking Per SqFt 2.42
Investment Type Value Add
Garden Fourplex | Fantastic Value Add - Downtown Martinez
Marketing description
40 FOSTER ST. IS AN EXCELLENT VALUE ADD FOURPLEX OPPORTUNITY NEAR DOWNTOWN MARTINEZ. THE PROPERTY HAS AMAZING VIEWS OF BOTH THE BAY AND THE MARTINEZ VALLEY. CONSISTING OF FOUR TWO-BEDROOM, ONE-BATH APARTMENTS AT ABOUT 812 SF EACH WITH ONSITE COIN-OPERATED LAUNDRY, CARPORT PARKING, AND MORE.
NO LOCAL RENT CONTROL CREATES AN EASY REPOSITIONING OPPORTUNITY WITH A FEW INTERIOR UPDATES AND SOME RENT INCREASES ALLOWING FOR A FULL MARKET RENT STABILIZED INVESTMENT. UPSIDE IN ANCILLARY INCOME AS WELL WITH OWNED LAUNDRY EQUIPMEN. NEW ROOF & WINDOWS!
Investment highlights
Request a Private Tour - [email protected] / www.fosterfourplex.com
Listing Contacts
Listed by United Apartment Group
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
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Brokerage Address
Is there information that looks off?
