220 Athol AVE, Oakland, CA 94606
- $4,750,000
- 24,520
- SqFt
- List Price
- $4,750,000
Property Description
Located just two blocks from Lake Merritt, 220 Athol Avenue offers investors the rare opportunity to acquire a well-maintained 25-unit apartment community at an exceptional basis of just $190,000 per unit and $193 per square foot. The property features private balconies for every unit, gated underground parking, and onsite laundry facilities, enhancing its appeal to residents. Offered at over a 6% CAP rate with substantial additional rental upside, 220 Athol Avenue represents one of the most compelling value-add investment opportunities in Oakland's premier Lake Merritt neighborhood.
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Listing courtesy of Eymon Binesh from Marcus & Millichap. 650-546-1030
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