$795,000 / 3100ft2 - Oakland triplex with large vacant 3bd/2bth unit (oakland east)

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3 unit apartment complex Asking price: $795,000 Current cap rate: 7.
35% Proforma cap rate: 10.
5% Current GRM: 9.
66 Proforma GRM: 7.
37 Location: Near Bancroft Ave and 82nd Ave in Oakland.
DETAILS Attractive 3-unit apartment complex comprised of one 3bd/1bth unit, one front/top 3bd/2bth unit, and one back, detached, two-story, 3bd/1.
5bth unit.
Currently, the front/top 3bd/2bth unit is vacant making a perfect set-up for an owner-occupant.
The property offers approximately 3,100 square feet of living space and offers individual parking spaces and a nice backyard.
The property is separately metered for PG&E and offers low annual operating expenses.
This is an ideal investment for an owner-occupant looking to live in a large unit with very nice tenants and the opportunity for excellent cash flow.