Listed by Bos Group
$1,625,000
31 Croxton Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,640
Units 8
Cap Rate 6.65%
NOI $107,480
Pro-Forma Cap Rate 9.22%
Pro-Forma NOI $154,411
Price per SqFt $361
Year Built 1957
Lot Size (SqFt) 4,800
Investment Type Value Add
31 Croxton Avenue, Oakland, CA 94611
Marketing description
Bos Group is proud to present 31 Croxton Avenue, a 8-unit Multifamily property in Oakland's North Oakland neighborhood offered at $1,625,000. The property features a unit mix of (8) 1BR/1BA with current in-place monthly income of $13,540.
Investment highlights
- List price $1,625,000 | 35% down ~$586K
- 6.65% CAP rate | 9.60 GRM on current income
- 32.9% rent upside | $13,540/mo to $18,000/mo at market
- Piedmont Ave area | Walk to BART, shops & dining
Listing Contacts
Listed by Bos Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,480.00
$8,956.67/mo
Valuation Metrics
0
DSCR
6.61%
Cap Rate
6.61%
ROI
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