Commercial2221 Railroad Ave, Pittsburg, CA 94565

Basics Details

  • Date added: Added 10 months ago
  • Type:
  • Building Area:
  • Lot size, sq ft: 1 sq ft
  • Zoning:
  • # Of Units:

Description

  • Description:

    8% investment return cap rate. 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. 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, BART.

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