Listed by Marcus & Millichap, Robert Johnston, Adam S. Levin Listing Contact: 6503911744

The property is a 40-unit apartment community located in thriving Newark, Ca.*The property consists of 4 separate parcels of land and 8 buildings: 92A-617-45-1, 92A-617-44, 92A-617-43-1, 92A-617-40-1. Situated on 1.26-acre parcels of land, the subject property was originally constructed in 1962 and has a gross building area of approximately 32,997 sq ft, offering its tenants beautifully designed two-bedroom floor plans. It has recently undergone significant exterior and interior renovations. Over $1.1 million dollars have been spent on capital improvements. Unit interiors have been remodeled with modern high-end designer finishes, dual pane windows, updated kitchens, modern hard flooring, designer paint, electronic thermostats, and in-unit washer/dryers*. There are also individual water heaters in every unit. The subject property features convenient community amenities including a sunny community courtyard, bbq/picnic area, private carport parking, and laundry. *In select units