Synergy @ 2019 Shoreline Apartments 2019 Shoreline Dr Immeuble residentiel 41 lots 13 162 394 € (321 034 €/Lot) Taux de capitalisation 5,40 % Alameda, CA 94501

Synergy @ 2019 Shore Line is a stunning 41-unit apartment community located at 2019 Shore Line Dr on the beautiful beachfront of Alameda, California.
Situated on a large parcel of land totaling 1 acre, the subject property was originally constructed in 1964 and has a gross building area of approximately 44,816 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans.
Tenant's enjoy beautiful sunsets from their private balcony or patio with views of San Francisco Bay and the San Bruno Hills, and have access to a community pool and picnic area. The property is walking distance to the USPS post office, Alameda Town Center, local schools, numerous parks, and a myriad of restaurants. Additionally, there is easy access to BART, S.F. Bay Ferry, Highway 880, and minutes from Oakland Airport.
The subject property has recently undergone over a quarter million dollars of renovations and capital expenditures. Most units feature premium renovations including hard flooring, dual pane windows and stainless steel appliances. The property's exterior has also been updated with a new roof, fresh exterior paint, newly built staircase, and pool resurfacing.
The investment appeal of this asset is driven by Alameda's strong employment fundamentals, low vacancy levels, and rapidly growing rental demand. With a world- class location in the heart of the East Bay, Synergy @ 2019 Shore Line presents an attractive choice for Bay Area renters due to its close proximity to major Silicon Valley employers, transportation corridors, shopping, dining and entertainment options.