Tag Archives: multi-family investing

SOLD – 1550 Bridge St. 7-Units Oakland

1550 Bridge Street, Oakland, CA 94601 – IN ESCROW 10% Cash on Cash Return Turn-key Remodeled Building! – Offered at $735,000 PROPERTY SUMMARY The Bridge Street Apartments is a bread and butter, wood frame and stucco, seven unit apartment building. … Continue reading

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SOLD – The Kerwood Apartments – 32-Unit Apartment Building

The Kerwood Apartments  32-Unit Apartment Building  1627 High Street Oakland, CA 9 4 6 0 1  The Kerwood Apartments is a very well located, professionally owned and operated, 32-unit apartment building comprised of  9  2-bedroom units, 21 1-bedroom units, and … Continue reading

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CWP Property Management

Last week I toured a 19 unit apartment complex in Castro Valley California with a friend and buyer named Mark. We brought along Karen Bergendahl from CWP Property Managment in San Leandro to help us evaluate the property and determine upside potential. … Continue reading

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Rise In Apartment Demand

Apartment building demand is rising around the U.S. despite the sluggish economy and worries over European debt. Vacancy rates are contracting in every market including areas where there is soft job growth which is unusual. Job creation is the typical … Continue reading

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Apartment Building Listings

Estabrook Apartments 5-Units NEW LISTING: 5-Unit Apartment Building 364 Estabrook Street, San Leandro, CA 94577 Estabrook Apartments are 100% occupied with long-term tenants. Four of the units are townhouse-style 2 bedroom, 1.5 bath. The fifth unit is a 1 bedroom … Continue reading

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House Flippers in Oakland

I went to my apartment building in Oakland California today to see a unit which we were turning over and stumbled across a super savvy couple who are flipping houses. It turns out they are updating and flipping the house … Continue reading

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Cap Rate VS Gross Rent Multiplier

An investor recently asked: How do I evaluate Capitalization Rate on an apartment building priced at $1.3m with gross rents of $84,000? The Capitalization Rate of an apartment building is used to measure its value against other assets in a … Continue reading

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Bay Area Job Growth

Link Corkery has been tracking Bay Area job growth for over two decades. His findings have been the subject of many of his RHANAC (Rental Housing Association of Northern Alameda County) articles and analysis. We have found that by studying … Continue reading

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