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20353 Park Way

Castro Valley CA 94546

81
81
45476 sq. ft.
81701.14 sq. ft.
Townhouse
Currently for sale - view listing

Overview

Park Tower Townhomes & Apartments is a premier 52-unit multifamily investment opportunity nestled in the heart of Castro Valley, CA next to Eden Medical Center.Situated in one of the most coveted submarkets in the East Bay, this property offers a rare chance to acquire a multifamilyasset with more than 50 units in a highly desirable location. The property boasts spacious units with an avg. size of 808 SF, featuring a diverse unit mix to suit various tenant needs, including studios, 1-bedroom apartments, 2-bedroom, 1.5-bathroom townhomes, and 3-bedroom, 2.5-bathroom townhomes. With 89% of the units renovated to showcase contemporary finishes such as stone countertops, stainless steel appliances, luxury vinyl flooring and in-unit laundry, the property commands an impressive avg. in-place rent of $2,402. Sixunits remain in classic condition and provide opportunity forrental income upside. The property featuresan array of upscale amenities, including a recently renovated gym, a heated swimming pool with outdoor lounging areas, community bathrooms that featureshowers andchanging stalls, ample off-street parking, an on-site laundry facility equipped with a Stockwell vending machine and a formal entry lobby/leasing office.

Features

81 bedrooms
81 carspaces
45476 sq. ft. floor area
81701.14 sq. ft. lot size
Townhouse

Property history for 20353 Park Way

2015
Sold
$763,786
25 Mar 2015

Happy sellers in Castro Valley

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Local market activity for 81 bedroom townhouses in Castro Valley

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Sales:
(619) 566-0008
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