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This Multifamily Property is no longer advertised on LoopNet.ca.

1445 Harrison St
Oakland, CA 94612

$10M LOAN AT 3.65% FINANCING FOR 7YRS · Multifamily Property For Sale · 118 Units

Apartment Buildings California Oakland 1445 Harrison St, Oakland, CA 94612

Investment Highlights

  • RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION
  • Existing Cash on Cash Return 11% Market Cash on Cash Return 27.7%
  • 35% Upside in the Rents
  • Existing Cap 6.54%, Market Cap 10.1%
  • Existing Gross Rent Multiplier 11 Market Gross Rent Multiplier 7.9
  • Entitled Lot next door to build 127 units for $5,995,000

PROPERTY FACTS

No. Units 118 Building Size 115,750 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
 No. Stories 7
Apartment Style Mid Rise Year Built/Renovated 1925/1994
Building Class C Parking Ratio 0.87/1,000 SF
Lot Size 2.96 AC
No. Units 118
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Mid Rise
Building Class C
Lot Size 2.96 AC
Building Size 115,750 SF
Average Occupancy 100%
No. Stories 7
Year Built/Renovated 1925/1994
Parking Ratio 0.87/1,000 SF

Unit Amenities

  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Storage Space

Links

zoning

Zoning Code Multi-residential
Multi-residential
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  • Listing ID: 27795008

  • Date on Market: 2023-02-20

  • Last Updated:

  • Address: 1445 Harrison St, Oakland, CA 94612

The Oakland-Downtown Multifamily Property at 1445 Harrison St, Oakland, CA 94612 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.

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