12 Turn Key Garden Apartments
257 Poplar Ave. Hayward, CA $4,300,000
Property
Built: 1974
Cap Rate: 5.8
Market Cap Rate: 6.5
SF: 13,397
Lot SF: 24,600
Laundry: Coin-Op
Parking: Carport +
Master Electric: Solar
Occupancy: 100%
Highlights
A BALANCED MIX OF 1-, 2-, AND 3-BEDROOM FLOOR PLANS WITH SHARED LAUNDRY... THE PROPERTY ALSO OFFERS OWNED SOLAR FOR THE MASTER ELECTRIC & OVER $125,000 IN RECENT UPDATES WITH FRESH EXTERIOR PAINT, NEW BALCONIES AND UPGRADED RAILINGS FOR SAFETY!
Highlights
257 POPLAR IS AN EXTREMELY WELL-MAINTAINED, SB 721 COMPLIANT 12-UNIT APARTMENT COMMUNITY LOCATED INUNINCORPORATED HAYWARD WITHIN THE HIGH-DEMAND EAST BAY RENTAL MARKET. BUILT IN 1974, THE PROPERTY SITS ON AGENEROUS 24,600 SF LOT (.56 ACRES) AND INCLUDES 13,397 SF OF BUILDING AREA