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Arch Street Village 2 Multifamily Properties Offered at $12,214,300 CAD in Berkeley, CA
INVESTMENT HIGHLIGHTS
- Cash-Flow Opportunity
- Value-add through proven Renovation Upside
- Walking Distance to UC Berkeley
- 13 Pre-approved Bedroom Additions
EXECUTIVE SUMMARY
Walker & Dunlop, as the exclusive advisor, is pleased to present the opportunity to acquire 1850-1862 Arch St, a 20-unit complex steps away from UC Berkeley. The two adjacent sister buildings feature 12 renovated units and 8 units which are pre-approved for the addition of 13 bedrooms. Arch Street Village presents a cash-flowing asset with a compelling value-add opportunity backed by demonstrated renovation upside.
PROPERTY FACTS
| Price | $12,214,300 CAD | Number of Properties | 2 |
| Price / SF | $724.37 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.55% | Total Building Size | 16,862 SF |
| Sale Type | Investment | Total Land Area | 0.48 AC |
| Status | Under Contract |
| Price | $12,214,300 CAD |
| Price / SF | $724.37 CAD / SF |
| Cap Rate | 6.55% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,862 SF |
| Total Land Area | 0.48 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Arch Street Village
1850 Arch St, Berkeley, CA 94709 |
Multifamily | 9,988 SF | 1925 | - |
| 1862 Arch St, Berkeley, CA 94709 | Multifamily | 6,874 SF | 1925 | - |
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Arch Street Village
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