992 Warren Street

Posted: 4/24/2017
6 Units
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About 992 Warren Street

Cushman & Wakefield is pleased to exclusively offer qualified parties the opportunity to acquire 992 Warren Street (the “Property”), a 6 unit apartment building located in Hayward, California. 992 Warren Street is a multi-family investment property featuring stable in-place operations with obtainable upside and an excellent location immediately adjacent to the rejuvenated Downtown neighborhood. Comprised of (1) Studio and (5) 1+1s, the Property consists of approximately 4,624 square feet of gross improved area situated on ±0.11 acres. The 100% fee simple interest in the Property is offered for sale at $1,360,000. The listing price equates to $226,667 per unit and $294 per improved square foot. 992 Warren is offered free and clear of financing. Market rents, in combination with an expense load of $5,246 per unit and $6.81 per square foot, produces a 6.07% market capitalization rate for a new owner.