Catania Apartments | 2431 Carlmont Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Catania Apartments 2431 Carlmont Dr
20 Unit Block of Flats £6,416,090 (£320,805/Unit) 5% Net Initial Yield Belmont, CA 94002
Investment Highlights
- Prime Location in the City of Belmont
- Major Capital Improvements
- Below Market Rents
Executive Summary
Prime Investment Opportunity! Back on Market and Priced to Sell! Below Market Rents.
20 Units located in Belmont, CA
4 - Studios
8 - 1 Bed/1 Bath
4 - 2 Bed/1 Bath
4 - 2 Bed/2 Bath
*GRM, NOI, and Cap Rate are Projected at Market Rents/New Expenses
20 Units located in Belmont, CA
4 - Studios
8 - 1 Bed/1 Bath
4 - 2 Bed/1 Bath
4 - 2 Bed/2 Bath
*GRM, NOI, and Cap Rate are Projected at Market Rents/New Expenses
Data Room Click Here to Access
- Market Information
Property Facts Under Contract
| Price | £6,416,090 | Apartment Style | Low Rise |
| Price Per Unit | £320,805 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.58 AC |
| Net Initial Yield | 5% | Building Size | 22,850 SF |
| Gross Rent Multiplier | 11.61 | Number of Floors | 3 |
| No. Units | 20 | Year Built | 1965 |
| Property Type | Residential | Parking Ratio | 0.92/1,000 SF |
| Property Subtype | Apartment |
| Price | £6,416,090 |
| Price Per Unit | £320,805 |
| Sale Type | Investment |
| Net Initial Yield | 5% |
| Gross Rent Multiplier | 11.61 |
| No. Units | 20 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 22,850 SF |
| Number of Floors | 3 |
| Year Built | 1965 |
| Parking Ratio | 0.92/1,000 SF |
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Granite Countertops
- Refrigerator
- Range
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 500 |
| 1+1 | 8 | - | 700 |
| 2+1 | 4 | - | 1,000 |
| 2+2 | 4 | - | 1,000 |
1 of 1
PROPERTY TAXES
| Parcel Number | 045-030-130 | Improvements Assessment | £4,112,473 |
| Land Assessment | £4,523,720 | Total Assessment | £8,636,193 |
PROPERTY TAXES
Parcel Number
045-030-130
Land Assessment
£4,523,720
Improvements Assessment
£4,112,473
Total Assessment
£8,636,193
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Kellogg Real Estate, Inc.
Catania Apartments | 2431 Carlmont Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.