Property Description

The interiors show a new and refined look. All the work has been completed in the last year. The new owner will enjoy low maintenance and low replacement costs. There is no elevator, no pool, no landscaping and no air conditioning to take care of so the property has a very low expense base. The MacArthur Terrace Apartments are a wood frame stucco building. The Property unit mix consists of 24 one bedroom/one bath units of which 23 of the 24 have been completely upgraded. Remodeled kitchens have new cabinetry, new vinyl floors and all new fixtures. The counters have all been replaced. The bathrooms have been redone with tile and allure floors and the fixtures have been replaced. The exterior has been refreshed with a new coat of paint. All of the windows have been replaced with vinyl dual pane windows. This is a great opportunity for an investor. There is a retail space in front of the building that could be used for any number of opportunities.

Location Description

The MacArthur Terrace Apartments are located in the East Oakland District of Eastmont with public transportation and convenient access to the 580 Freeway nearby. There have been upgrades to the neighborhood.