Cypress Bay Apartments 25013-25021 Cypress Ave 18 Unit Apartment Building $7,435,965 CAD ($413,109 CAD/Unit) 5.25% Cap Rate Hayward, CA 94544

Lee & Associates is pleased to present 25013–25021 Cypress Avenue, an 18-unit apartment community located in Hayward, California. The property consists of two residential buildings featuring sixteen one-bedroom/one-bathroom units and two two-bedroom, one-and-one-half-bathroom townhome units.
The property was extensively renovated in 2016, including significant interior, exterior, and site improvements. Unit interiors feature granite and quartz countertops, hardwood flooring, and updated finishes. The property also offers gated access and private garage parking, providing residents with amenities that help distinguish Cypress Apartments within the local rental market.
Currently 100% occupied, Cypress Apartments has maintained strong occupancy, with units leasing quickly when they become available. The combination of updated interiors, private garage parking, and a strong occupancy history provides investors with a stabilized apartment community and consistent in-place income.
Centrally located within the East Bay, Cypress Apartments offers convenient access to Interstates 880 and 580, Highways 92 and 238, Hayward BART, Downtown Hayward, California State University East Bay, and major employment centers throughout the Bay Area.
25013–25021 Cypress Avenue offers investors the opportunity to acquire a renovated and stabilized 18-unit apartment community with quality improvements, strong occupancy, and private garage parking in an established Hayward rental market.