Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1968
Sq.Footage
N/A
*Financials based on proforma numbers. Arbordale Gardens Apartments is a stunning, 72-unit apartment community located at 42010 Blacow Road in the rapidly expanding city of Fremont, California. Situated on a huge, 3-acre parcel of land, the subject property has a gross livable area of approximately 46,336 SF, offering its tenants spacious studio, one, and two-bedroom floorplans to call home. Arbordale Gardens has recently undergone significant exterior capital improvements including all new fiberglass torch down roofs, new hot water heaters in each building, new concrete surrounding the pool, new exterior paint, and security camera system throughout the property. The subject property benefits from its close proximity to major tech companies such as TESLA, highly rated Irvington High School, and the new proposed Irvington BART Station. The investment appeal of this asset is driven by Fremont's strong employment fundamentals, low vacancy levels and rapidly growing rental demand.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
3.01
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$28,080,000
-
Tax Amount
357300.0
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Location
County
Alameda
Elementary School
Middle School
High School
Other
Listing Courtesy of Adam S. Levin , Marcus & Millichap
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