Fremont Apartments is a stunning 28-unit apartment community located in the thriving city of Oakland, California. Situated on a 8,250 square foot parcel of land, the subject property was originally constructed in 1918 and has a gross building area of approximately 15,464 square feet, offering its tenants beautifully designed studio and one-bedroom and floor plans. Located directly across the Bay Bridge from San Francisco, Oakland serves as the seat of the Bay Areas Alameda County. Oakland is a major transportation hub offering several Bay Area Rapid Transit systems (BART) stops and is intersected by several interstate freeways. The city also has a diverse and robust list of top employers. The tech, health and financial sectors are represented with Square, Pandora Media, Kaiser Permanente, Sutter Health, Blue Shield and Credit Karma. The investment appeal of this asset is driven by Oaklands strong employment fundamentals and low vacancy levels.
Courtesy of Marcus & Millichap, Robert Johnston
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