$1,195,000.00
Asking Price
Address: 732 B Street, Hayward,
Status: Active
Posting ID: 285501
4/29/24
Description
A unique opportunity to purchase a 9-unit room and board facility including the real estate. The location is 1.8 miles or a 6-minute drive to Cal State University East Bay, making it a great location.
The facility is a one-story building with 9 private bedrooms which each contain a single bed, dresser, built-in closet, desk, chair, and desk lamp. There are two common bathrooms which contain a shower, sink, and toilet and there is a laundry room with a washer and dryer, a storage room, and an outdoor patio area with seating. There is a full kitchen that is accessible to all residents which includes a large size 2 full door commercial refrigerator, 4 burner stove with oven, microwave, dishwasher, toaster, coffee maker, storage cabinets, and large sink. There is a parking lot available for most residential tenants.
Current monthly market rents for the units are $950 for a standard room, $1,000 for a larger room, and $1,200 for a room with a private bath. All rents include utilities, free internet connections, parking, and access to the kitchen and other amenities. For comparable studio apartments in the area, the average monthly rental is $2,000 per month + utilities as an additional charge.
The projected gross income is $106,200 yearly before vacancy and operating expenses. The projected net income is $76,542 after 5% vacancy and 5% management fee and before property taxes.
General Info:
Ownership: Corporation
Reason For Sale: Other Interests
Facilities:
Square Feet: 2,230 building; 9,956 lot
RRC# 4721
Location: 732 B Street, Hayward
To get more information about this Room And Board Facility - With Real Estate business for sale in Hayward please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285501 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Room And Board Facility - With Real Estate, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $1,195,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Hayward
City: Hayward
Attributes:
My Notes About This Listing
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
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Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
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Down
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Down
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Cash flow
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Revenue
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Posting: 285418 | Available | 4/29/24
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Cash flow
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Revenue
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Down
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Posting: 285746 | Available | 4/26/24
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
N/A
Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
$74,842
Revenue
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Down
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Cash flow
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Revenue
$380,000
Down
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Posting: 286238 | Available | 4/23/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
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Cash flow
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Revenue
$730,720
Down
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
N/A
Revenue
N/A
Down
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Cash flow
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Revenue
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Down
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Cash flow
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
$79,000
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Asking Price
$79,000
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