$16,500,000
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20353 Park Way Castro Valley, CA 94546
Townhouse
Residence
81
Beds
Baths
...
Bed/Bath
45,476
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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 t...han 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.
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MLS#
424075446
Property Type
Townhouse
Bedrooms
81
Year Built
1964
Square Feet
45,476
sq. ft
Lot Size
1.88
Stories
2.0
Sewer
Public Sewer
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