Blossom Street Apartments is a gated 8-unit multifamily investment comprised of two adjacent fourplex buildings in Oakland's Fruitvale neighborhood. The property features a desirable all 2-bedroom / 1-bathroom unit mix, on-site parking, separately metered utilities, and a secure gated layout. The property offers investors an attractive combination of strong in-place income and rental upside, with current rents below projected market levels and a vacant unit providing immediate lease-up potential. Conveniently located near Fruitvale BART, Interstate 580, and major East Bay commuter corridors, Blossom Street Apartments presents a compelling opportunity to acquire a well-located multifamily asset with the potential for continued income growth.
Listing courtesy of Justin T Wong, from SVN/Pacific Commercial Advisors
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