ORA Apartments — Sale in Oakland, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Oakland, CA 94612
  • Year built: 2019

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Description

Jones Lang LaSalle, Inc., ("JLL") is pleased to present the opportunity to acquire ORA Apartments, a 74-unit luxury apartment building adjacent to Lake Merritt, one of Oakland's most desirable neighborhoods. Built in 2019, this 100% market rate asset offers investors immediate cash flow and operational flexibility without affordable housing restrictions, while capitalizing on the Lake Merritt district's strong rental fundamentals driven by its waterfront amenities, walkable urban lifestyle, and proximity to Downtown Oakland's employment centers and BART connectivity.

Market Context

This multifamily in Oakland, CA is listed for sale. The building dates to 2019. Compare it against other multifamily listings for sale in Oakland, CA — view the full market.

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