Comm Ri Multi-units 5+ For Sale
0.71 Acre - 25190 CYPRESS AVE, HAYWARD, California 94544-2204
Property Description
36-unit improved & well maintained apartment complex located close to downtown Hayward with quick access to major freeways, BART, shops, restaurants & much more. THE CURRENT CAP RATE W/NEW TAXES IS 5.41%. BUT W/RENT INCREASES TO ALREADY ACHIEVED RENT LEVELS, THE PRO-FORMA CAP RATE is 5.92%
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40631923
Price : $5,695,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.71 Acre
Year Built : 1965
Lot Area : 1.15 Sqft
Features
Heating System : Wall Furnace
Cooling System : Other
Basement : Other
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Alameda
City : HAYWARD
Zipcode : 94544-2204
Street : CYPRESS AVE
Street Number : 25190
Floor Number : 0
Longitude : W123° 54' 51''
Latitude : N37° 39' 3.1''
MLS Addon
Office Name : HYLAND INVESTMENT PROPERTIES
Building Type : Apt Complex
Area : Hayward
Address : 25190 CYPRESS AVE
Cross Street : W Harder Rd
LA1User Code : R01157784
LA1Agent First Name : TOM
LA1Agent Last Name : HYMAN
Status Category : Sold
Tot # Parking Spaces : 48
Tot # of Units : 36
List $/SqFt : $185
Age : 48
Apx Lot Sq Ft : 50,094 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Greenbelt, Other, Recreation
DISABLED FEATURES : Other, Elevator
EQUIPMENT ADDITIONAL : Other, Intercom
EXTERIOR : Stucco, Wood Frame
FLOORING : Other, Carpet
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Attached Garage, Parking Area, Off Site Parking, Covered Parking
OPERATING EXPENSES : Other, Swimming Pool
TENANT PAYS : Electric
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility
Census Tract : 4366.02
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $5,695,000
Sold Price : $5,550,000
Previous Price : $5,695,000
Sale $/SqFt : $0
