This Multifamily Property is no longer advertised on LoopNet.com.
784 Nevin Way
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
Well-Maintained Property Positioned for a Seamless Transition of New Ownership.
Substantial Upside in Rental Income w/ Projected 6.34% Pro Forma Cap Rate.
First Time Available to the Public for Purchase Since 1973.
Located Walking Distance to Fruitdale Light Rail Station.
Superior Unit Mix of Three-Bedrooms, Two-Bedrooms, One-Bedrooms and Studios
PROPERTY FACTS
No. Units
7
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
C
Lot Size
0.17 AC
Building Size
4,368 SF
No. Stories
2
Year Built
1961
Parking Ratio
2.52/1,000 SF
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
3+2
1
-
-
2+1
3
-
-
1+1
1
-
-
PROPERTY TAXES
Parcel Number
282-37-051
Improvements Assessment
$744,600
Land Assessment
$1,224,000
Total Assessment
$1,968,600
