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Property Description

A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. 6.1% investment return cap rate. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools.

Additional Information
Promax Investment & Develop
0
CCBE-206514458
CCBE-SPID01
Richard

Commercial Sale For Sale

2221 Railroad Ave, Pittsburg, California 94565

$4,480,000
Listing ID #41046945
Basic Details
Status : Active
DaysOnMarket : 118
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 41046945
Price : $4,480,000
Year Built : 1989
Country : US
State : California
County : Contra Costa
City : Pittsburg
Zipcode : 94565
ModificationTimestamp : 2024-05-02 05:32:03
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