2555-2567 Foothill Blvd | Oakland, CA 94601
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2555-2567 Foothill Blvd
Oakland, CA 94601
Multifamily For Sale · Multifamily Property For Sale
PROPERTY FACTS
| Price | Not Individually For Sale | Lot Size | 0.79 AC |
| Property Type | Multifamily | Parking Ratio | 0.83/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | Not Individually For Sale |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.79 AC |
| Parking Ratio | 0.83/1,000 SF |
| Opportunity Zone |
Yes |
Executive Summary
The Mitchell Warren Team is pleased to present the Fruitvale Portfolio, comprising three incredible properties containing 140 units spread over 84,882 square feet. The properties are in the bustling Fruitvale district, just steps from the serene Lake Merritt.
The Fruitvale Portfolio has an impeccable maintenance record and zero deferred maintenance, providing investors with peace of mind and ease of management. Each unit across all three buildings is individually metered for gas and electricity, minimizing utility expenses and enhancing cost control. With a remarkable occupancy rate exceeding 97%, enter into a steady and lucrative cash-flowing portfolio from day one. The Fruitvale Portfolio is an opportunity to acquire a diverse and well-maintained portfolio that offers immediate scale, excellent in-place cash flow, and long-term stability.
The Fruitvale Portfolio is in the Fruitvale neighborhood of Oakland, California, an attractive location ideal for tenants traveling to all points of the Bay Area. Commuters utilizing public transportation will benefit from living near city bus lines and minutes to the Fruitvale BART station, offering complete Bay Area access. The property is surrounded by endless shopping and restaurant choices, making it appealing for retail and residential tenants. Due to this portfolio's fantastic location, the Fruitvale Portfolio will continue to demand premium tenants and maintain a low vacancy rate.
The Fruitvale Portfolio has an impeccable maintenance record and zero deferred maintenance, providing investors with peace of mind and ease of management. Each unit across all three buildings is individually metered for gas and electricity, minimizing utility expenses and enhancing cost control. With a remarkable occupancy rate exceeding 97%, enter into a steady and lucrative cash-flowing portfolio from day one. The Fruitvale Portfolio is an opportunity to acquire a diverse and well-maintained portfolio that offers immediate scale, excellent in-place cash flow, and long-term stability.
The Fruitvale Portfolio is in the Fruitvale neighborhood of Oakland, California, an attractive location ideal for tenants traveling to all points of the Bay Area. Commuters utilizing public transportation will benefit from living near city bus lines and minutes to the Fruitvale BART station, offering complete Bay Area access. The property is surrounded by endless shopping and restaurant choices, making it appealing for retail and residential tenants. Due to this portfolio's fantastic location, the Fruitvale Portfolio will continue to demand premium tenants and maintain a low vacancy rate.
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