Berkeley, Californie, Alameda County, 94704

The Cushman & Wakefield Northern California Capital Markets Group is pleased to present The Castle Craig Apartments, a distinguished 27-unit multifamily asset located in an irreplaceable location at 2525 Durant Avenue in the highly sought-after Southside neighborhood of Berkeley, CA. Built in 1928, this 17,802-square-foot property boasts classic architectural character and presents a prime investment opportunity just steps away from the world-renowned UC Berkeley campus. Offered for the first time in more than 50 years, The Leroy Apartments represents a truly unique chance to secure a generational multifamily investment in one of the Bay Area's most dynamic rental markets. The property's unit mix consists of 13 studios, 12 one-bedroom units, and 2 two-bedroom units, catering to a diverse range of tenants, including UC Berkeley students, faculty, and local professionals seeking direct adjacency to UC Berkeley. There is immediate value-add potential for an investor to implement property upgrades to 10 units and implement a modern purpose-driven student housing operation. The property can be purchased individually or as a 3-property, 68-unit portfolio with The Keystone Apartments (2419 Durant Avenue - 32 Units) & The Leroy Apartments (2411 Durant Avenue - 9 Units).

Listing Courtesy of Keith Manson , Cushman & Wakefield