37304 Niles Blvd | Fremont, CA 94536
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- LoopNet Team
37304 Niles Blvd
Fremont, CA 94536
Niles Electric · Multifamily Property For Sale · 6 Units
Investment Highlights
- Pro Forma CAP Rate approximately 11%
- Extremely Rare Opportunity to Acquire a Mixed-Use Building in Downtown Niles
- First Time on Market in Almost 100 Years- Property has Stayed Under the Same Ownership over Four Generations
- $225 Price Per Foot
- One of the Few Buildings Along Niles Boulevard with a Parking Lot (8 stalls)
- On-Site Laundry / Less Than 3 Miles from BART
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 8,852 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1922 |
| Building Class | C | Parking Ratio | 0.9/1,000 SF |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 8,852 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 0.9/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $995.00 | 521 - 848 |
PROPERTY TAXES
| Parcel Number | 507-0280-001-01 | Improvements Assessment | $1,433,706 |
| Land Assessment | $1,282,790 | Total Assessment | $2,716,496 |
PROPERTY TAXES
Parcel Number
507-0280-001-01
Land Assessment
$1,282,790
Improvements Assessment
$1,433,706
Total Assessment
$2,716,496
zoning
| Zoning Code | Commercial |
| Commercial |
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