Castro Metro Apartments
SOLD, $4,750,000, 14-Units, Turn Key Investment
Second Highest Price/Unit in San Leandro!
Absolute Stabilized Turn-Key Investment
14 Gated Parking Spaces
In Unit Washer/Dryer In Each Unit
1 Block from San Leandro BART
No On-Site Manager Needed
5.3% Cap Rate
No Rent Control!
Castro Metro Apartments is a 1960’s style wood frame stucco turn key apartment complex located just steps from downtown San Leandro and directly across the street from San Leandro BART station. Tenants benefit from fully renovated units with new kitchens and baths and in-unit washer/dryers as well as secure gated parking and individual storage lockers.
The two story garden apartment has an outstanding unit mix comprised of four 1-bedroom 1-bath units and ten 2-bedroom 1-bath units with excellent floor plans. The slate tiled and redwood clad foyer greets residents as they enter a fully parked common area surrounded by drought tolerant vegetation with irrigation system.