Dixon Landing Apartments

09-22-2022
10-03-2022

29371 Dixon St, Hayward, CA 94544

  • Prime Rental Location
  • Walking distance to BART, shopping & Parks
  • Convenient to Mission Boulevard, Highway 880
  • Built in 1988
  • Strong in-place rents with tremendous upside potential
  • GRM (Current/Market): 10.68 / 8.29
  • Cap Rate (Current/Market): 5.44% / 7.84%
  • Private balconies/patios – recently rebuilt
  • No tuck under parking – 1.57:1 ratio
  • Ideal 1031 exchange opportunity – Seller is willing to wait
  • Neighborhood has undergone substantial redevelopment
  • Attractive financing available with interest only payment options
     

Key Property Information

Listing Status
Available
Price
$ 11,500,000
No. of Units
45
Cap Rate
5.44%
GRM / GIM
10.68
Year Built
1988
Building Size
35,932 Sq ft
Lot Size
1 acres
No. of Stories
3
Opportunity Zone
No
Price per unit
$ 255,556
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37.629768, -122.053071

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