1548 Hudson St, Redwood City, CA

Name: 1548 Hudson St, For Sale in Redwood City - Zoocasa
Brand: Colliers International
SKU: 426157183
Price: 4875000 USD

House

For Sale

Listed price in listed location currency (USD).

$4,875,000

000

MLS® 426157183

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 16059 sqft

Garage

Taxes

Days Active 38

Lot Size 0.39 Acres

Approx. Age 1964

Avg. Price Per Sqft $303

MLS® Number 426157183

Property Address: 1548 Hudson St, Redwood City, CA, 94061-6202

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® Number426157183

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1964

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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