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Apartments For Sale • 6,000 SF
| Welcome to an exceptional investment opportunity at 1240-1248 E 15th St, a well maintained 4-unit building |
| Boasting a solid cap rate and occupied by vetted tenants, this asset delivers immediate stability and consistent rental income. |
| The property is thoughtfully designed with an open lot offering valuable off-street parking—a coveted feature that ensures tenant satisfaction |
| Recently landscaped to perfection, the property presents an inviting and well-kept exterior that sets the tone for the entire building. |
| Given the strong demand in the area and the potential for market rent growth, the property offers significant upside. |
| Currently fully leased, any future vacancy would present an opportunity to increase rental income by adjusting rents to prevailing market rates |
| Cap Rate: | 6.15 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) | 4 min | - | 1.9 mi |
| Emeryville (California Zephyr - Capitol Corridor Joint Powers Authority, Capitol Corridor - Capitol Corridor Joint Powers Authority, Coast Starlight - Capitol Corridor Joint Powers Authority, San Joaquins - Capitol Corridor Joint Powers Authority) | 11 min | - | 6.9 mi |
| Airport | Drive | Walk | Distance |
| Metro Oakland International | 12 min | - | 7.8 mi |
| San Francisco International | 38 min | - | 25.1 mi |
Jacob Hoggatt
Matthews Real Estate Investment Services
