Listed by Bos Group
$1,275,000
3114 Ashbrook Ct
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,178
Units 8
Cap Rate 6.75%
NOI $86,032
Occupancy 6.75%
Pro-Forma Cap Rate 10.93%
Pro-Forma NOI $139,412
Price per SqFt $305
Year Built 1952
Lot Size (SqFt) 5,160
Parking Spaces 5 spaces
Parking Per SqFt 1.20
Investment Type Value Add
3114 Ashbrook Ct, Oakland, CA 94601
Marketing description
Bos Group is proud to present 3114 Ashbrook Ct, an 8-unit multifamily property in Oakland's Fruitvale corridor offered at $1,275,000. The property features a unit mix of (6) 1x1, (1) 2x1, and (1) Studio with current in-place monthly income of $11,034. The asset sits within walking distance of Fruitvale BART Station (~0.9 mi) with direct rail access to San Francisco, Berkeley, and the greater Bay Area, and is positioned less than one mile from both I-580 and I-880 for convenient regional freeway access.
Investment highlights
- $1,275,000 List Price | 6.75% Current Cap | 10.93% Pro Forma Cap
- 45.14% Rent Upside | $11,034 In-Place to $16,015 Market Monthly
- 5 Garage Parking Spaces On-Site
- On-Site Laundry Facilities
- Additional Income Potential from Unrented Storage Units
Listing Contacts
Listed by Bos Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,032.00
$7,169.33/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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