7911 Bancroft Ave | Oakland, CA 94605
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7911 Bancroft Ave
Oakland, CA 94605
Parkway Manor Apartments 7% CAP, 7% $ on $ · Multifamily Property For Sale · 25 Units
Investment Highlights
- 33% Upside in the Rents
- Existing Cap 7%, Market Cap 12.2%
- Existing Gross Rent Multiplier 9.5 Market Gross Rent Multiplier 6.4
- Nostalgic building in great downtown Oakland area near Lake Merritt
- Existing Cash on Cash Return 7% Market Cash on Cash Return 23%
- High growth city and area influencing great appreciation potential
PROPERTY FACTS
| No. Units | 25 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 17,391 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1965 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 17,391 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
Unit Amenities
- Balcony
- Heating
- Kitchen
Site Amenities
- Gated
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 040-3378-022-02 | Improvements Assessment | $3,088,773 |
| Land Assessment | $1,323,876 | Total Assessment | $4,427,232 |
PROPERTY TAXES
Parcel Number
040-3378-022-02
Land Assessment
$1,323,876
Improvements Assessment
$3,088,773
Total Assessment
$4,427,232
zoning
| Zoning Code | R70, Oakland |
| R70, Oakland |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
