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22811 Vermont St
Hayward, CA 94541

Vermont Hills Apartments · Multifamily Property For Sale · 64 Units

INVESTMENT HIGHLIGHTS

  • First Time Offering: Vermont Hills is being offered to the open market for the first time since its original construction in 1986
  • Spacious Homes in Low-Density Community: All the 2-bedroom homes at Vermont Hills offer extensive balconies
  • Opportunity for In-Unit Laundry: The large floorplans offer opportunities to add in-unit laundry to the remaining ~25% of units
  • Interior Renovation Potential: Market data suggests that an extensive renovation program would result in $300 to $500 in rental upside
  • Low-Hanging Fruit with Additional Revenue: New ownership can immediately implement a RUBs system
  • Exceptional Operations: The property has been operating at nearly 100% occupancy during the trailing 12 months with minimal collection delinquency

PROPERTY FACTS

No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.68 AC
Building Size 67,182 SF
No. Stories 2
Year Built 1986
Parking Ratio 2.59/1,000 SF

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer Hookup
  • Heating
  • Refrigerator

SITE AMENITIES

  • Controlled Access
  • Clubhouse
  • Laundry Facilities
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 64 - 1,000

PROPERTY TAXES

ZONING

Zoning Code RS-D3
  • Listing ID: 29706965

  • Date on Market: 10/4/2023

  • Last Updated:

  • Address: 22811 Vermont St, Hayward, CA 94541