603 22nd St
- New construction - completed in 2021
- Fire sprinkler system
- Built to last - 40 year shingle roof, high-grade finishes including in-unit laundry
- Separately metered for electric, gas, and sub-metered for water
- Strong demand with 100% occupancy since lease up
- Located in uptown Oakland, near plentiful dining and retail options in downtown and Jack London square
Property Description
Introducing a rare opportunity to acquire a truly turn-key, brand-new construction 9-unit multifamily asset in Oakland — impeccably built, meticulously maintained, and fully rented since day one. Completed in early 2021 and constructed with uncompromising quality, this property delivers the upside of institutional-grade new construction with the upside flexibility to optimize rents. Zero vacancy, minimal capital needs, and operational simplicity make this a highly attractive acquisition for a buyer seeking both stability and growth.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,450,000 |
| No. of Units: | 9 |
| Year Built: | 2021 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $272,222 |
| Property Website | Click Here |
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