Ascot Apartments
Generational Opportunity
2044 Ascot Dr, Moraga, CA, 94556
$2,899,000
Price
7
Number of Units
1970
Year Built
7202
Building SF
37461
Land SF
 
 

Investment Highlights
  • 2044 ASCOT DR. OFFERS INVESTORS AN OPPORTUNITY TO ACQUIRE A GENERATIONAL PRIDE OF OWNERSHIP APARTMENT BUILDING IN ONE OF THE EAST BAYS PREMIER LOCATIONS.
  • EXCELLENT BEDROOM MIX OF 6 TWO BEDROOM APARTMENTS AND A 1 ONE BEDROOM APARTMENT.
  • UPSIDE IN ANCILLARY INCOME WITH PARKING, LAUNDRY & THE IMPLENTATION OF A RATIONED UTILITY BILLING SYSTEM
  • IN PLACE RENTS ONLY 9% BELOW MARKET AND VERY CLOSE TO CALIFORNIA ANNUAL RENT INCREASE LIMITS
  • LONG TERM HISTORICAL OCCUPANCY WITH STRONG TENANT PROFILE FUNDAMENTALS
  • FANTASTIC INTERIOR APARTMENT UPDATES WITH OVER $90,000 IN CAPITAL IMPROVEMENTS OVER THE LAST FEW YEARS.
Property & Location Highlights
  • GENERATIONAL PRIDE OF OWNERSHIP MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF MORAGA. THIS REMARKABLE 7-UNIT APARTMENT COMPLEX FEATURES THREE BUILDINGS, WITH A DESIRED MIX OF SIX 2-BEDROOM APARTMENTS AND ONE 1-BEDROOM APARTMENT IN A CHARMING GARDEN SETTING. LOCATED IN THE SOUGHT-AFTER TOWN OF MORAGA, THIS PROPERTY SEAMLESSLY BLENDS SUBURBAN TRANQUILITY WITH EASY ACCESS TO LOCAL AMENITIES. RESIDENTS WILL ENJOY THE CLOSE PROXIMITY TO SCHOOLS, PARKS, HIKING TRAILS, AND SHOPPING CENTERS. WITH PUBLIC TRANSPORTATION AND MAJOR ROADS EASILY ACCESSIBLE.
  • 2044 ASCOT DR PROVIDES THE PERFECT BALANCE OF A SUBURBAN LIFESTYLE AND THE CONVENIENCE OF NEARBY AMENITIES.UNWIND BY THE SECLUDED POOL SET BACK IN THE GREENBELT WHILE OVERLOOKING YOUR PRIVATE GARDEN.
  • UNWIND BY THE SECLUDED POOL SET BACK IN THE GREENBELT WHILE OVERLOOKING YOUR PRIVATE GARDEN.
  • ENJOY THE CONVENIENCE OF ONSITE LAUNDRY FACILITIES & OFF-STREET GARAGE AND CARPORT PARKING, ENSURING CONVENIENCE AND SECURITY.
  • JUST MINUTES TO CAMPOLINDO HIGH SCHOOL & ST. MARYS COLLEGE
  • A QUICK RIDE TO MULTIPLE HIKING TRAILS & OPEN SPACES
FOR MORE DETAILS CONTACT
Ted Booras, CCIM
Multifamily Specialist
(925) 322-1474
tbooras@aptgrp.com
Lic: CA. 01147469
Jim Hitcher
Multifamily Specialist
(925) 785-8364
jimh@aptgrp.com
Lic: CA. 01069191