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Listed price in listed location currency (USD).
$2,400,000

000

MLS® 426157189

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 6058 sqft
Garage No
Taxes 
Days Active 143
Lot Size 0.23000000417232513 Acres
Approx. Age 1903
Avg. Price Per Sqft $396
MLS® Number 426157189

Property Address: 1534-1524-1534 Willow St, Martinez, CA, 94553-1831

Average square foot calculated using Size range provided by listing agent.

Description

The Bay Area Portfolio: four apartment communities totaling 41 units across Millbrae, Redwood City, Martinez, and Concord, spanning San Mateo and Contra Costa Counties. Individual assets range from 8 to 15 units. The Offering is available as a whole, in sub-portfolios, or asset by asset. The portfolio divides along county lines by basis and by yield. The San Mateo County sub portfolio accounts for 25 units and $11, 300, 000 at an average go-to-market cap rate of4.94%, while the Contra Costa County sub portfolio accounts for 16 units and $4, 450, 000 at 5.26% go-to-market cap rate. On the Peninsula, 472-480 Lincoln Circle sits in the affluent Telescope Hills neighborhood roughly one mile from the Millbrae Intermodal Station, the only platform in the region where BART connects directly with Caltrain. 1548 Hudson Street holds the portfolio's largest floorplans, averaging about 1, 160 square feet per unit, in Redwood City's Palm Park neighborhood. In-place rents at the two Peninsula assets run 10.54% and 10.34% below market, respectively. 472-480 Lincoln Circle, Millbrae 1548 Hudson St, Redwood City 3550 Chestnut Ave, Concord 1524-1534 Willow St, 1131 Warren St, Martinez
MLS® Number426157189
Laundry Level
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageNo
Approx. Age1903
Basement
Driveway
Garage Spaces0
Heat
A/C

Extras

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