Bayview Apartments. 470 Central Ave Alameda, CA Unit Apartment Building On Alameda Island Rarely Available Waterfront Property
|
|
- Kenneth Patterson
- 6 years ago
- Views:
Transcription
1 For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE Unit Apartment Building On Alameda Island Rarely Available Waterfront Property Views of The San Francisco Bay Desirable Alameda Location Repositioning Opportunity - Significant Upside Rent Potential! Unit Mix (4) 2/1, 29 1/1 units, Partially Renovated Pro Forma Financials: Cap Rate 6.24%, GRM Current Financials: Cap Rate 3.71%, GRM 14.7, $/Unit $196,970 Offered at: $6,500,000 Phone: Fax: Alberto Way, Suite 3 Los Gatos, CA
2 Table of Contents SECTION 1 - PROPERTY OVERVIEW SECTION 2 - FINANCIAL ANALYSIS SECTION 3 - COMPARABLES SECTION 4 - RENTAL TRENDS SECTION 5 - DEMOGRAPHICS
3 Property Overview
4 Executive Summary ACQUISITION COSTS Purchase Price, Points and Closing Costs $6,550,120 Investment - Cash $3,038,164 First Loan $3,511,956 INVESTMENT INFORMATION Purchase Price $6,500,000 Price per Unit $196,970 Price per Sq. Ft. $ Income per Unit $13,395 Expenses per Unit ($5,686) INCOME, EXPENSES & CASH FLOW Gross Scheduled Income $442,044 Total Vacancy and Credits ($12,952) Operating Expenses ($187,653) Net Operating Income $241,439 Debt Service ($201,199) Cash Flow Before Taxes $40,240 Total Interest (Debt Service) ($139,353) Depreciation and Amortization ($148,909) Taxable Income (Loss) ($46,822) Tax Savings (Costs) $20,321 Cash Flow After Taxes $60,561 FINANCIAL INDICATORS Cash on Cash Return Before Taxes 1.32% Internal Rate of Return N/A Debt Coverage Ratio 1.20 Capitalization Rate 3.71% Gross Rent Multiplier Gross Income / Square Feet $31.76 Gross Expenses / Square Feet ($13.48) Operating Expense Ratio 43.73% page 4 of 28
5 Real Estate Investment Details ANALYSIS Analysis Date July 2015 PROPERTY Property Property Address Year Built 1959 Bayview Apartments PURCHASE INFORMATION Property Type MultiFamily Purchase Price $6,500,000 Fair Market Value $6,500,000 Units 33 Total Rentable Sq. Ft. 13,920 Resale Valuation 3.0% (annual appreciation) Resale Expenses 5.0% FINANCIAL INFORMATION Down Payment $2,988,044 Closing Costs $15,000 LT Capital Gain 20.00% Federal Tax Rate 34.0% State Tax Rate 9.4% Discount Rate 3.00% LOANS Debt Term Amortization Rate Payment LO Costs Fixed $3,511, years 30 years 4.0% $16,767 $35,120 INCOME & EXPENSES Gross Operating Income $429,092 Monthly GOI $35,758 Total Annual Expenses ($187,653) Monthly Expenses ($15,638) CONTACT INFORMATION BRE The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections and analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or other professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting, tax or other professional area before making any decisions. page 5 of 28
6 Property Description Bayview Apartments Repositioning Opportunity For A Waterfront Property This 33 Unit multifamily property offers the investor the opportunity to purchase a rarely available waterfront property with views of San Francisco Bay. The property is located on the West End of Alameda on the waterfront. The property lends itself well to repositioning: Rents are below market, the units could be further renovated, and the exterior façade and inner courtyard could be improved upon. These changes will enable the investor to increase rents to market level and keep pace with the rising rental rates for the City of Alameda. (See Rental Trends in this document.) The property is known as Bayview Apartments and at one time was believed to be a motel. It has since been converted to an apartment building with 33 units consisting of four (4) 2 bed / 1 bath units (~580 SF) and twenty-nine (30) 1 bed / 1 bath units (~400 SF). Twelve of the units have balconies overlooking The San Francisco Bay. The smaller units are a result of the property s original purpose as a motel. At present, the rents are currently below market: The one bedrooms rent for approximately $1,060/month and the two bedrooms rent for approximately $1,300/month. More than twenty-three of the units have been partially renovated with granite counter tops and laminate floors. With additional renovations these could be raised to market level. The property was built in 1959 in the classic garden style, two story, walk-up architecture. The building is comprised of 14,400 square feet of rental space on a 13,370 square foot lot. There is a large courtyard in the center of the building with a pool with all units facing the pool. There is a main entrance and two side entrances with secure entryways to the courtyard and access to the units. There are two laundry rooms each with two washers and two dryers which provide for additional income. The building is constructed of stucco with an attractive decorative rock façade over wood frame. The roof is flat and the foundation is concrete perimeter. The driveway and parking lot are asphalt. There are 31 parking spaces and there is additional street parking. Tenants pay for electric, phone, cable, internet. The property owner pays maintenance, gas, electric for common areas, water, sewer, trash removal and pool services. The property is located next to a school and near larger multifamily rental communities which are charging higher rents. The vibrant Alameda Island downtown area is only a few streets away. page 6 of 28
7 Unit Mix Report UNIT MIXES Units Type Approx. SqFt Avg. Rents Monthly Mkt Rents Monthly 4 2 BR / 1 BA Units 580 $1,302 $5,208 $1,800 $7, BR / 1 BA Units 400 $1,061 $30,769 $1,500 $43, ,920 $35,977 $50,700 UNIT MIX UNIT MIX SQUARE FEET 2 BR / 1 BA Units 1 BR / 1 BA Units 2 BR / 1 BA Units 1 BR / 1 BA Units UNIT MIX INCOME UNIT MIX MARKET INCOME 2 BR / 1 BA Units 1 BR / 1 BA Units 2 BR / 1 BA Units 1 BR / 1 BA Units page 7 of 28
8 Property Photos 33 Units in Alameda Unit Mix: (4) 2 BR / 1 BA Units, (29) 1 BR / 1 BA Units Street View Street View Private Courtyard with Pool View from Rear Unit Balcony View of Rear Units View of Building Side Facing Water page 8 of 28
9 Property Photos 2 page 9 of 28
10 Maps and Aerials Location Maps page 10 of 28
11 Maps and Aerials Aerial & Parcel Maps page 11 of 28
12 Financial Analysis
13 Annual Property Operating Data Description Year 1 Rental Income $431,724 Laundry Income $8,748 late fees $1,572 GROSS SCHEDULED INCOME $442,044 Turnover Vacancy ($12,952) GROSS OPERATING INCOME $429,092 Expenses Property Taxes ($87,750) Insurance ($7,284) Utilities - Gas & Electric ($20,362) Utilities - Water & Sewer ($19,756) Trash Removal ($15,833) Washer Dryer Rental ($2,376) Maintenance & Repairs ($13,567) Management (est) ($17,269) Administrative Expenses ($3,456) TOTAL OPERATING EXPENSES ($187,653) NET OPERATING INCOME $241,439 page 13 of 28
14 Cash Flow Analysis Description Year 1 GROSS SCHEDULED INCOME $442,044 Turnover Vacancy ($12,952) Total Operating Expenses ($187,653) NET OPERATING INCOME $241,439 Loan Payment ($201,199) NET CASH FLOW (b/t) $40,240 Cash On Cash Return b/t 1.32% NET OPERATING INCOME $241,439 Depreciation ($147,738) Amortization ($1,171) Loan Interest ($139,353) TAXABLE INCOME (LOSS) ($46,822) Income Taxes $20,321 CASH FLOW (a/t) $60,561 Cash On Cash Return a/t 1.99% Footnotes: b/t = before taxes;a/t = after taxes page 14 of 28
15 Financial Indicators Description Year 1 Gross Rent Multiplier Capitalization Rate 3.71% Cash On Cash Return b/t 1.32% Cash On Cash Return a/t 1.99% Debt Coverage Ratio 1.20 Gross Income per Sq. Ft. $31.76 Expenses per Sq. Ft. ($13.48) Net Income Multiplier Operating Expense Ratio 43.73% Loan To Value Ratio 51.53% Footnotes: b/t = before taxes; a/t = after taxes page 15 of 28
16 Pro Forma Summary UNIT MIX & ANNUAL SCHEDULED INCOME Type Units Actual Total Market Total 2 BR / 1 BA Units 4 $15,624 $62,496 $21,600 $86,400 1 BR / 1 BA Units 29 $12,732 $369,228 $18,000 $522,000 TOTALS 33 $431,724 $608,400 INVESTMENT SUMMARY Price: $6,500,000 Year Built: 1959 Units: 33 Price/Unit: $196,970 RSF: 13,920 Price/RSF: $ ANNUALIZED INCOME Actual Market Gross Potential Rent $431,724 $608,400 Less: Vacancy ($12,952) ($18,252) Misc. Income $10,320 $10,320 Effective Gross Income $429,092 $600,468 Less: Expenses ($187,653) ($194,720) Net Operating Income $241,439 $405,748 Debt Service ($201,199) ($201,199) Net Cash Flow after Debt Service $40,240 $204,549 Principal Reduction $61,847 $61,847 Total Return $102,087 $266,395 Lot Size: 13,370 sf Floors: 2 Parking Spaces: 0.94/unit APN: Cap Rate: 3.71% Market Cap Rate: 6.24% GRM: 14.7 Market GRM: FINANCING SUMMARY Loan Amount: $3,511,956 Down Payment: $2,988,044 Loan Type: Fixed Interest Rate: 4% Term: 30 years ANNUALIZED EXPENSES Actual Market Property Taxes $87,750 $87,750 Insurance $7,284 $7,284 Utilities - Gas & Electric $20,362 $20,362 Utilities - Water & Sewer $19,756 $19,756 Trash Removal $15,833 $15,833 Washer Dryer Rental $2,376 $2,376 Maintenance & Repairs $13,567 $13,567 Management (est) $17,269 $24,336 Administrative Expenses $3,456 $3,456 Total Expenses $187,653 $194,720 Expenses Per RSF $13.48 $13.99 Expenses Per Unit $5,686 $5,901 Monthly Payment: $16,767 DCR: 1.2 page 16 of 28
17 Comparables
18 Sales Comparables 8% Cap Rate 16.0 Gross Rent Multiplier 7% 6% Avg % % 3% Avg % 4.0 1% 2.0 Subject Subject $272,000 Price per Unit $472 Price per Sq. Ft. $238,000 $204,000 Avg. $237,529 $413 $354 $170,000 $136,000 $295 $236 Avg. $ $102,000 $177 $68,000 $118 $34,000 $59 Subject Subject page 18 of 28
19 Sales Comparables S NOTES 33 Unit Multifamily Property Desirable Alameda Location Waterfront Property Bayview Apartments Sale Price $6,500,000 Units 33 Price/Unit $196,970 Price/SqFt $ Cap Rate 3.71% Year Built 1959 GRM 14.7 # Units Unit Type 4 2 BR / 1 BA Units 29 1 BR / 1 BA Units Lakeshore Oakland, CA Sale Date 5/12/2015 Sale Price $4,800,000 Units 19 Price/Unit $252,632 Price/SqFt $ Cap Rate 4.3% Year Built 1907 GRM 14.0 # Units Unit Type 11 One Bedroom One Bath 8 Studio/Efficiency NOTES 11 one-0bedroom units, and 8 studio units. The vintage building has laundry facilities on site, and has waterfront views. The units are cable ready, and come with oven, refrigerator, and granite countertops. Sewer, trash removal, and water is included in the rent Lakeshore Oakland, CA Sale Date 6/20/2014 Sale Price $8,400,000 Units 38 Price/Unit $221,053 Price/SqFt $ Cap Rate 5.0% Year Built 1926 GRM NOTES 1918 Lakeshore was built in 1936, has 38 units, with some units facing the water. N/A # Units Unit Type 1 Two Bedroom One Bath 22 One Bedroom One Bath 15 Studio/Efficiency page 19 of 28
20 Sales Comparables Lee St Oakland, CA Sale Date 10/31/2014 Sale Price $6,150,000 Units 27 Price/Unit $227,778 Price/SqFt $ Cap Rate 3.4% Year Built 1990 GRM 12.9 NOTES 285 Lee St is a 27 unit apartment building. It has 6 2/2 units, 18 1/1 units, and 3 studio units. # Units Unit Type 6 Two Bedroom Two Bath 18 One Bedroom One Bath 3 Studio/Efficiency Euclid Oakland, CA Sale Date 2/13/2015 Sale Price $7,050,000 Units 29 Price/Unit $243,103 Price/SqFt $ Cap Rate N/A Year Built 1969 GRM NOTES 362 Euclid is a 29 unit building. Five 2/2 units, six 2/1 units, and 18 1/1 units. N/A # Units Unit Type 5 Two Bedroom Two Bath 6 Two Bedroom One Bath 8 One Bedroom One Bath th St Oakland, CA Sale Date 5/8/2015 Sale Price $9,200,000 Units 34 Price/Unit $270,588 Price/SqFt $ Cap Rate N/A Year Built 1955 GRM N/A NOTES th St is a 34 unit apartment building with Laundry Facilities, Security System, Storage Units. # Units Unit Type page 20 of 28
21 Sales Comparables Telegraph Ave Berkeley, CA Sale Date 10/31/2014 Sale Price $7,260,500 Units 32 Price/Unit $226,891 Price/SqFt $ Cap Rate 3.3% Year Built 1909 GRM 11.9 NOTES 3210 Telegraph Hill is a 32 unit apartment building with 2/2 units. There is on-sire laundry. # Units Unit Type 32 Two Bedroom Two Bath Milvia Berkeley, CA Sale Date 10/31/2014 Sale Price $7,502,500 Units 34 Price/Unit $220,662 Price/SqFt $ Cap Rate N/A Year Built 1964 GRM NOTES 2450 Milvia is a 34 unit apartment building. There are on-sire laundry facilities. N/A # Units Unit Type page 21 of 28
22 Rental Trends
23 Rental Trends Quarterly Trend Alameda CA built prior to 1970 Average Asking Rent 1Q2013 2Q2013 3Q2013 4Q2013 1Q2014 2Q2014 3Q2014 4Q2014 1Q Yr. Change AVERAGE $1,609 $1,637 $1,680 $1,713 $1,757 $1,803 $2,014 $2,011 $2, % studio $1,190 $1,257 $1,257 $1,351 $1,348 $1,406 $1,513 $1,517 $1, % 1bd 1bth $1,352 $1,375 $1,437 $1,446 $1,484 $1,510 $1,552 $1,601 $1, % 2bd 1bth $1,617 $1,664 $1,686 $1,713 $1,752 $1,805 $2,046 $1,993 $2, % 2bd 2bth $2,295 $2,074 $2,375 $2,238 $2,527 $2,606 $2,665 $2,878 $2, % 2bd TH $1,760 $1,760 $1,760 $1,855 $1,850 $2,133 $2,008 $2,008 $2, % 3bd 2bth $1,969 $2,019 $2,019 $2,196 $2,198 $2,224 $2,827 $2,849 $2, % 3bd TH Average Occupancy Rate 1Q2013 2Q2013 3Q2013 4Q2013 1Q2014 2Q2014 3Q2014 4Q2014 1Q Yr. Change AVERAGE 96.7% 96.8% 97.3% 96.2% 97.7% 96.1% 97.9% 97.0% 98.3% 0.6% 6/15/2015 Data source: RealFacts (415) Data is deemed reliable but accuracy cannot be guaranteed.
24 Demographics
25 Population Executive Summary, Alameda, California, Rings: 1, 3, 5 mile radii Latitude: Longitude: mile 3 miles 5 miles 2000 Population 20, , , Population 20, , , Population 21, , , Population 22, , , Annual Rate 0.08% 0.19% -0.09% Annual Rate 0.41% 0.64% 0.63% Annual Rate 0.89% 1.04% 1.06% 2015 Male Population 47.6% 49.1% 48.7% 2015 Female Population 52.4% 50.9% 51.3% 2015 Median Age In the identified area, the current year population is 345,703. In 2010, the Census count in the area was 334,464. The rate of change since 2010 was 0.63% annually. The five-year projection for the population in the area is 364,366 representing a change of 1.06% annually from 2015 to Currently, the population is 48.7% male and 51.3% female. Median Age The median age in this area is 39.4, compared to U.S. median age of Race and Ethnicity 2015 White Alone 41.7% 34.6% 36.7% 2015 Black Alone 8.5% 15.6% 19.0% 2015 American Indian/Alaska Native Alone 0.6% 0.6% 0.8% 2015 Asian Alone 36.6% 35.1% 26.1% 2015 Pacific Islander Alone 0.7% 0.4% 0.5% 2015 Other Race 4.1% 7.0% 10.6% 2015 Two or More Races 7.8% 6.6% 6.4% 2015 Hispanic Origin (Any Race) 11.8% 15.2% 20.9% Persons of Hispanic origin represent 20.9% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 84.0 in the identified area, compared to 63.0 for the U.S. as a whole. Households 2000 Households 8,581 51, , Households 8,615 55, , Total Households 8,810 57, , Total Households 9,232 60, , Annual Rate 0.04% 0.64% 0.32% Annual Rate 0.43% 0.64% 0.63% Annual Rate 0.94% 1.10% 1.11% 2015 Average Household Size The household count in this area has changed from 138,591 in 2010 to 143,231 in the current year, a change of 0.63% annually. The fiveyear projection of households is 151,323, a change of 1.11% annually from the current year total. Average household size is currently 2.36, compared to 2.36 in the year The number of families in the current year is 74,477 in the specified area. Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and Esri converted Census 2000 data into 2010 geography. June 09, Esri Page 1 of 2
26 Median Household Income Executive Summary, Alameda, California, Rings: 1, 3, 5 mile radii Latitude: Longitude: mile 3 miles 5 miles 2015 Median Household Income $65,585 $47,374 $50, Median Household Income $76,235 $54,296 $58, Annual Rate 3.06% 2.77% 2.76% Average Household Income 2015 Average Household Income $87,356 $72,540 $77, Average Household Income $100,854 $83,263 $88, Annual Rate 2.92% 2.80% 2.80% Per Capita Income 2015 Per Capita Income $36,953 $31,539 $32, Per Capita Income $42,779 $36,185 $37, Annual Rate 2.97% 2.79% 2.80% Households by Income Current median household income is $50,855 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $58,273 in five years, compared to $60,683 for all U.S. households Current average household income is $77,402 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $88,843 in five years, compared to $84,910 for all U.S. households Current per capita income is $32,505 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $37,312 in five years, compared to $32,501 for all U.S. households Housing 2000 Total Housing Units 8,916 55, , Owner Occupied Housing Units 2,900 15,371 47, Renter Occupied Housing Units 5,681 36,590 86, Vacant Housing Units 335 3,059 6, Total Housing Units 9,256 61, , Owner Occupied Housing Units 3,116 16,744 49, Renter Occupied Housing Units 5,499 38,623 88, Vacant Housing Units 641 5,679 14, Total Housing Units 9,423 63, , Owner Occupied Housing Units 2,942 16,171 47, Renter Occupied Housing Units 5,868 41,093 95, Vacant Housing Units 613 5,873 14, Total Housing Units 9,894 66, , Owner Occupied Housing Units 3,046 16,873 49, Renter Occupied Housing Units 6,186 43, , Vacant Housing Units 662 6,393 16,001 Currently, 30.4% of the 157,944 housing units in the area are owner occupied; 60.3%, renter occupied; and 9.3% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 152,709 housing units in the area % owner occupied, 58.2% renter occupied, and 9.2% vacant. The annual rate of change in housing units since 2010 is 1.51%. Median home value in the area is $497,054, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 5.02% annually to $634,877. Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and Esri converted Census 2000 data into 2010 geography. June 09, Esri Page 2 of 2
27 DISCLAIMER All materials and information received or derived from Silicon Valley Multifamily Group its directors, officers, agents, advisors, affiliates, and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Silicon Valley Multifamily Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significant chance to such party. Silicon Valley Multifamily Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. Seller desires to sell the property in "its present as is condition" subject to inspection reports. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Silicon Valley Multifamily Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Silicon Valley Multifamily Group does not serve as a financial advisor to any party regarding any proposed transaction. When analyzing this property buyer should use income, vacancy and expense levels that will accurately reflect the manner in which it plans to operate the property. Broker, Agent and Seller are making no representations or warranties as to the level of income or expenses Buyer will incur at the property. Building square footage, unit square footage and lot sizes are not guaranteed. Broker, Agent and Seller have not measured all units, lot or the building and are making NO representation as to the accuracy of square footage figures. Data source for building and lot size is FastWeb. Buyer should measure all units, lot and the building prior to purchase and should not rely on any square footage figures provided by Broker, Agent or Seller. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Do Not Disturb -- Please respect the Seller's request that the tenants not be disturbed. All offers are to be written subject to inspection. The Seller will provide access for the Buyer to inspect the interiors of all units within a reasonable period following a fully executed purchase contract. Seller requests that all inspections be made on the same day. Representation -- This information is given with the understanding that all negotiations relating to the purchase of the property described herein shall be conducted through Silicon Valley Multifamily Group. All properties and services are marketed by Silicon Valley Multifamily Group in compliance with all applicable fair housing and equal opportunity laws. page 27 of 28
28 OFFERING MEMORANDUM NOTES Gross Annual Scheduled Income & the Gross Rent Multiplier are based on current rents shown in the Rent Roll. These rent levels are current rent levels at the time this package was prepared and subject to change without notice. Buyer should review most recent rent roll prior to purchase. The laundry income was based on 2011 actual levels. Gross Annual Scheduled Income & Gross Income Multiplier (Market or Pro Forma) assumes the units are all rented at the rent levels shown in the Pro Form Summary. These rent levels are not guaranteed to be achievable by Seller, Broker or Agent. Buyer should use rent levels it thinks it can obtain for the subject property. The laundry income was based on the actual 2011 laundry income reported by the owner. Capitalization Rate is based on rents, expenses and vacancy figures shown in the Operating Statement. Pro Forma Capitalization Rate is based on rents, expenses and vacancy figures shown in the Pro-Forma Operating Statement Pro-Forma (Market) column. See Pro Forma Operating Statement Footnotes and Disclaimers in this section of the Offering Memorandum. Year Built: Data source is through Chicago Title Company. Seller, Broker and Agent are making no guarantee or representations as to when the improvements were built. Buyer should conduct its own investigation to determine age of improvements. UNIT MIX/SCHEDULED INCOME OVERVIEW FOOTNOTES Current Rent Column is based on current rents shown in the Rent Roll. These rent levels are current rent levels at the time this package was prepared and subject to change without notice. Buyer should review most recent rent roll prior to purchase. Pro Forma or Market Rents assumes the units are all rented at the estimated market rent levels shown in the rent roll. Please note that current rents are not at these levels. Pro Forma rent levels are not guaranteed to be achievable by Seller, Broker or Agent. Buyer should use rent levels it thinks it can obtain for the subject property. Purchase Information on page 4 including Fair Market Value, Resale Valuation and Resale Expenses are provided for illustrative purposes only and will vary depending on market conditions and other factors. Silicon Valley Multifamily Group, its Brokers and Agents can not be held accountable for these numbers. Buyer should use the numbers it thinks most appropriate. Financial Information on page 4 including Down Payment, Closing Costs, LT Capital Gain, Federal and State Tax Rates and the Discount Rate are provided for illustrative purposes only. Actual numbers may, and probably will, vary depending on the Buyer s individual situation. Loans on page 4. This information is provided for illustrative purposes only. Buyer should use the loan information it thinks attainable and realistic for the property. Annual Property Operating Data Notes and Disclaimers Rental Income is based on current rents shown in the Rent Roll Miscellaneous income is based upon information provided by the owner or manager. General Vacancy is estimated to be at current market levels or provided by owner. Taxes are estimated based on list price and based on 2011/2012 tax rate reported by Santa Clara County. Other Expenses All other expenses are as reported by owner or property manager. Loan Payment is based upon information provided in the LOANS section of page 4. Buyer should use the loan information it thinks attainable and realistic for the property. Income Taxes is based upon a 33% or greater tax rate and is provided for illustrative purposes only. Buyer should consult with a licensed tax professional in determining the most realistic and appropriate tax rate. NOTE: THE 10 YEAR PROJECTIONS ARE PROVIDED FOR ILLUSTRATIVE PURPOSES ONLY. BUYER SHOULD USE THE PROJECTIONS IT THINKS ARE REALISTIC AND ATTAINABLE. Rent Roll Notes General Notes: Rent levels, occupancy, deposit amounts and terms are subject to change without notice. Move-In dates are subject to change as units turnover. Buyer should obtain updated information and confirm all rent levels, lease terms, move-in dates, amount of last rental adjustment and deposit amounts prior to purchase. Market Rent column does not reflect current rent levels. These rent levels are not guaranteed to be achievable by Seller, Broker or Agents. Buyer should use rent levels it thinks it can obtain for the subject property. page 28 of 28
8 Units in Salinas. 539 Terrace Dr Salinas, CA List Price: $750,000
For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE 01327546 List Price: $750,000 Property Refurbished in 2006 with Numerous Upgrades: Roof, plumbing, kitchens, bathrooms,
More informationDi Fiore Fourplex. 859 Di Fiore Dr San Jose, CA Offering Price: $1,550,000
For more information contact: Commercial Investment Broker michael@svmultifamily.com BRE 01327546 Offering Price: $1,550,000 Unit Mix: (1) 3BR / 2BA, (1) 2BR / 1BA, (2) 1BR / 1BA 2 Parking Spaces per unit
More informationDi Fiore Fourplex. 859 Di Fiore Dr San Jose, CA Offering Price: $1,300,000 Significant price reduction!
For more information contact: Commercial Investment Broker michael@svmultifamily.com BRE 01327546 Offering Price: $1,300,000 Significant price reduction! Comparable properties selling for $200,000 more
More informationGarden Fourplex PROPERTY HIGHLIGHTS. Prepared By Garden Ave San Jose, CA 95111
2795 Garden Ave San Jose, CA 95111 PROPERTY HIGHLIGHTS Offered at $1,575,000 4.7% Cap rate; 14.7 GRM NOT SUBJECT TO RENT CONTROL! Large, fully remodeled Units Four 2 bed / 1 bath units, ~920 SF each 2
More informationDowntown Menlo Park Fourplex
For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE 01327546 Unique Downtown Menlo Park Residential Income Property Just 1.5 Miles From Stanford and Downtown Palo
More informationDowntown Menlo Park Fourplex
For more information contact: Apartment / Investment Broker michael@svmultifamily.com Lic. 01327546 Erik Nielsen Apartment Agent 831-297-0461 erik@svmultifamily.com 01907679 Unique Downtown Menlo Park
More information5 UNITS IN SANTA CRUZ
5 UNITS IN SANTA CRUZ 238 San Lorenzo Blvd Santa Cruz, CA 95060 For more information contact: BRE 01327546 Erik Nielsen, CCRM Apartment Agent erik@svmultifamily.com BRE 01907679 PROPERTY HIGHLIGHTS Five
More information4 units on Ross Ross Circle San Jose, CA List Price $925,000
For more information contact: Apartment / Investment Broker michael@svmultifamily.com Lic. 01327546 Erik Nielsen Apartment Agent 831-297-0461 erik@svmultifamily.com Lic. 01907679 List Price $925,000 Easy
More informationThe Colony FOR SALE. 614 S 18th Street. Omaha, NE $995,000 MultiFamily PROPERTY HIGHLIGHTS. 8 Multifamily Units and 2000sqft of Retail
FOR SALE $995,000 MultiFamily PROPERTY HIGHLIGHTS 8 Multifamily Units and 2000sqft of Retail All utilities individually seperated Fantastic Downtown location Modern, updated units 209 S 19th Street, Suite
More information5892 Orange Ave OFFERING MEMORANDUM LONG BEACH, CA OFFERING MEMORANDUM PRESENTED BY:
OFFERING MEMORANDUM 5892 Orange Ave LONG BEACH, CA 90805 OFFERING MEMORANDUM DOWNEY 562.334.1500 8255 Firestone Blvd, #100 Downey, CA 90241 PRESENTED BY: JULIA OPREA Broker Associate 562.310.8707 socal_realtor@hotmail.com
More informationBaric Lawndale S. Karlov St Chicago, IL Buildings. 115 Total Units. Rehabbed Buildings with all Separate Mechanicals
For more information contact: MIC PROPERTIES micproperties@gmail.com 8 Buildings. 115 Total Units Rehabbed Buildings with all Separate Mechanicals Large Units with an Attractive Mix (86-3BR and 29-2BR)
More informationE Washington Apartments
For more information contact: Vice President kaufman@scc1031.com BRE# 01816761 Seth R Watje Vice President 619-358-3748 watje@scc1031.com BRE# 01805453 Historically Low Vacancy Rate Gated and Secured Property
More information4676 W. Point Loma Blvd 4676 W. Point Loma Blvd San Diego, CA 92107
ATTRACTIVE SELLER FINANCING. Views of Mount Soledad. Located on Dusty Rhodes Park. Great Unit Mix. On Site Parking. ramos@scc1031.com David Cameron 619-226-6011 x106 cashflowsandiego@gmail.com Phone: 858-779-1000
More informationDania Beach Multi Family 126 NW 8th Ave Dania Beach, FL 33004
Dania Beach Multi Family Turn key apartment bulling with full management services in place. Completely renovated property with impact windows and newer roof. 8.07% Cash on Cash return with 30% down payment.
More informationPentuckett Avenue
For more information contact: Vice President evans@scc1031.com BRE #: 01399935 Mike Nunez Associate 619-906-2120 nunez@scc1031.com BRE #: 02008894 Desirable North Park Zip Code Quiet Cul-De-Sac Location
More informationSummit Apartments OFFERING MEMORANDUM PASADENA, CA OFFERING MEMORANDUM PRESENTED BY:
OFFERING MEMORANDUM Summit Apartments PASADENA, CA OFFERING MEMORANDUM KW COMMERCIAL 700 S. Flower Street, Suite 2900 Los Angeles, CA 90017 PRESENTED BY: STEPHEN WATSON Managing Director - KW Commercial
More informationFOR SALE. $8,900,000 MultiFamily. Batesville, Ar Harrison Street PROPERTY HIGHLIGHTS
$8,900,000 MultiFamily Batesville, Ar 72501 FOR SALE 4323 Harrison Street PROPERTY HIGHLIGHTS 104 Total Luxury Units 72-2 Bedroom, 2 Bathroom Units 16-3 Bedroom, 2 Bathroom Units 16-1 Bedroom, 1 Bathroom
More informationMilton Apartments OFFERING MEMORANDUM MILTON, WA OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109
OFFERING MEMORANDUM Milton Apartments MILTON, WA OFFERING MEMORANDUM KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109 PRESENTED BY: CHARLES BURNETT Managing Broker 206.931.6036 charles@soundrealtygroup.com
More informationThe Neponset 400 Neponset Avenue Boston, MA 02122
Location, Location, Location Approx 210,000 per day traffic count jfitzgerald@remax.net Phone: (617) 268-5100 Fax: (617) 268-5160 738 E Broadway Boston, MA 02127 www.baystateliving.com Table of Contents
More information1ST AVENUE TOWNHOMES
1ST AVENUE TOWNHOMES 3783 1st Avenue San Diego, CA 92103 For more information contact: #01824454 PROPERTY HIGHLIGHTS Heart of Hillcrest Location 93 Walk Score! Significant Rental Upside All ~1,200 SqFt
More informationROMAN VILLAS APARTMENTS
ROMAN VILLAS APARTMENTS 7240 El Cajon Boulevard, San Diego, CA 92115 PROPERTY HIGHLIGHTS Extensive, Recent Interior and Exterior Upgrades Strong Unit Mix; Majority 2 Bedroom Units Strong Rental Market;
More information14815 Burbank Blvd. PROPERTY HIGHLIGHTS. Prepared By Burbank Blvd. Sherman Oaks, CA 91411
PROPERTY HIGHLIGHTS Excellent Sherman Oaks rental pocket Large 10,066 square foot lot with courtyard pool Great unit mix of ones and two bedroom units Prepared By Cindy Hill, CCIM Senior Vice President
More informationMAGNOLIA POINT APARTMENTS
MAGNOLIA POINT APARTMENTS 4901 Tanner Street Moss Point, MS 39532 For more information contact: B-13469 CLICK HERE FOR DRONE VIDEO. $800.000.00 60 Duplexes, One Office warehouse, for around $13,333 per
More information10751 Page PROPERTY HIGHLIGHTS. Prepared By Page Ave Saint Louis, MO Michael Zangara Broker
Ave Saint Louis, MO 63132 PROPERTY HIGHLIGHTS 24 One Br/ One Ba Units Fully Occupied - consistent tenant base Close To Public Transportation and Major Highways Turn Key Investment Property 9% Cap Rate
More information984 Sharon Street, New Bedford MA. 984 Sharon Street New Bedford, MA 02050
, New Bedford MA Director of Sales & Leasing bstout@atlanticproperties.com Colin Moynihan Director Of Multi Housing 781-234-5000 cmoynihan@atlanticproperties.com Fully leased 12 unit multifamily comprised
More informationUpper Lakeshore Mobile Home Park
For more information contact: Certified Commerical Broker/Owner rroberts@ccim.net $1,295,000 New Asking Price $155,000 PRICE REDUCTION HUGE VALUE ADD PROPERTY MOTIVATED SELLER Phone: 509-248-9400 Fax:
More informationMidvale 6Plex OFFERING MEMORANDUM SEATTLE, WA OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109
OFFERING MEMORANDUM Midvale 6Plex SEATTLE, WA OFFERING MEMORANDUM KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109 PRESENTED BY: CHARLES BURNETT Managing Broker 206.931.6036 charles@soundrealtygroup.com
More information/4 Willow Brook Avenue Los Angeles, CA 90029
4437-4441 1/4 Willow Brook Avenue Los Angeles, CA 90029 Excellent Hollywood location adjacent to Silver Lake 1920's Spanish-style courtyard building, completely renovated Huge upside in rents, in several
More informationSunrise Village 4Plexes
OFFERING MEMORANDUM Sunrise Village 4Plexes PUYALLUP, WA OFFERING MEMORANDUM KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109 PRESENTED BY: CHARLES BURNETT Managing Broker 206.931.6036
More informationClark Apartments Clark Tarzana, CA Entitlements for 27 new condos and 68 parking. Waiver to tenant relocation fee from most tenants
For more information contact: Broker farajkerendian@gmail.com 01022002 Entitlements for 27 new condos and 68 parking Waiver to tenant relocation fee from most tenants 20% rental upside while preparing
More informationGreystone Arms San Juan Road, San Diego, CA Brendan Erickson, BTE. Vice President
, Upgraded Units with Large Square Footage & Contemporary Finishes Throughout Coveted Mission Hills Heritage Park Location Near Recreation, Restaurants, and Shopping New Appliances and Hardwood Floors
More informationTurnkey Cash Flow th St W Bradenton, FL For more information contact: Nataliia Musick
For more information contact: nataliiamusick@gmail.com TURNKEY CASH FLOW, Presented by New Shores Real Estate, LLC Price: $749,900 TURNKEY CASH FLOW! Charming 9-unit apartment complex in the heart of Bradenton,
More information728 E St E St. Sacramento, Ca Tim Swanston Senior Vice President $15,500 in Gross Monthly Income
Senior Vice President Swanston@NCC1031.com $15,500 in Gross Monthly Income Walking Distance to Golden 1 Arena & Railyard Development 12 Studios Approx. 550 Sq. Ft Each On Site Laundry Updated Interiors
More informationMartin Luther King W. Martin Luther King Jr. Blvd Los PROPERTY HIGHLIGHTS
Martin Luther King 1951-57 W. Martin Luther King Jr. Blvd Los PROPERTY HIGHLIGHTS Michael Salerno Executive Vice President (310) 202-9166 michaels@mdrealtycorp.com 3627 Motor Avenue Los Angeles, CA 90034
More information2130 WOOLSEY PROPERTY HIGHLIGHTS Woolsey Berkeley, CA Asking Price: $1,015,000
2130 WOOLSEY 2134 Woolsey Berkeley, CA 94705 For more information contact: 00681476 PROPERTY HIGHLIGHTS Asking Price: $1,015,000 Unique Split City Lot - Six Units Total - Four Unit front property in Berkeley
More informationYour Entrepreneurial Real Estate Partner. Building Wealth Together.
ERIC CHRISTOPHER // 562.296.1327 // ECHRISTOPHER@INCOCOMMERCIAL.COM // BRE #01270278 This information contained herein was obtained from third parties, and has not been independently verified by real estate
More informationNORMANDY DR. PROPERTY HIGHLIGHTS Normandy Dr. Miami Beach, Fl 33141
NORMANDY DR. 1795 For more information contact: PROPERTY HIGHLIGHTS Stunning newly remodel building in Miami Beach with plenty of street parking and across Normandy Isle park & pool. The units have porcelain
More informationCOUNTRY CLUB APARTMENTS 953 S. 23RD STREET, RICHMOND, IN 47374
COUNTRY CLUB APARTMENTS 953 S. 23RD STREET, RICHMOND, IN 47374 Building Trust. Building Relationships. Building Value. presented by: Bart Weprin 513.936.9110 bart.weprin@weprinrealty.com Table Of Contents
More informationCOUNTRY CLUB APARTMENTS PHASE I 953 S. 23RD STREET, RICHMOND, IN 47374
COUNTRY CLUB APARTMENTS PHASE I 953 S. 23RD STREET, RICHMOND, IN 47374 Building Trust. Building Relationships. Building Value. presented by: Bart Weprin 513.936.9110 bart.weprin@weprinrealty.com Table
More information1910 BENNETT AVE MULTIFAMILY PROPERTY FOR SALE DALLAS, TX MATTEO FAETH PERRY GUEST COMPANY.
MULTIFAMILY PROPERTY FOR SALE 1910 BENNETT AVE Presented By MATTEO FAETH 469.554.0430 matteo@perryguestco.com PERRY GUEST COMPANY 2517 Thomas Avenue, Dallas, TX 75201 214.528.9250 perryguestco.com EXECUTIVE
More informationSanta Rosalia Santa Rosalia Drive Los Angeles, CA PROPERTY HIGHLIGHTS
Santa Rosalia 4525 Santa Rosalia Drive Los Angeles, CA PROPERTY HIGHLIGHTS Michael Salerno Executive Vice President (310) 202-9166 michaels@mdrealtycorp.com 3627 Motor Avenue Los Angeles, CA 90034 29 units
More information5270 Bellingham Avenue
OFFERING MEMORANDUM 5270 Bellingham Avenue VALLEY VILLAGE, CA OFFERING MEMORANDUM KW COMMERCIAL 4061 Laurel Canyon Blvd. Studio City, CA 91604 PRESENTED BY: MICHAEL TOOTIKIAN Senior Vice President 818.380.5244
More informationThe Villa Primavera Apartments 3313 North Maple Avenue Fresno, CA 93726
The Villa Primavera Apartments 62 Unit Value Add Opportunity Ample Carport Parking Onsite Laundry Facility and Manager s Office Attractive Assumable Loan Option Strong Fresno Rental Market Brian Estes
More informationPOMONA APARTMENTS. 102 Pomona Ave, Long Beach, CA Jack McCann (310)
POMONA APARTMENTS 102 Pomona Ave, Long Beach, CA 90803 Table of Contents Professional Bio... 3 Property Description... 4 Property Photos... 5 Location Map... 6 Demographics... 7 Unit Mix Report... 8 Executive
More informationBeck Avenue PROPERTY HIGHLIGHTS. Prepared By Beck Avenue North Hollywood, CA Alexandra Pugachoff
Beck Avenue 6641 Beck Avenue PROPERTY HIGHLIGHTS Unique unit mix with four 3 bedroom/2bathroom units, one 2bedroom/1batrhroom and one 1bedroom/1bathroom. Many upgrades, including two fully renovated 3
More informationRoyal Apartments Bacon St, San Diego, CA 92107
, Investment Highlights Seller Financing 20% Down at 5% interest only! 3 Parcels of Land Beautiful Courtyard Laundry Onsite Plenty of Parking Spaces For More Information The Courtney Gabhart Group DRE#
More informationVictorian Style Apartment Building + 1 SFR
OFFERING MEMORANDUM Victorian Style Apartment Building + 1 SFR 508 S. UNION AVE., LOS ANGELES, CA 90017 OFFERING MEMORANDUM APPROX. 4,720 SF UNIQUE 2 STORY VICTORIAN STYLE APARTMENT BUILDING + 1 SINGLE
More informationBronx Multifamily Package
OFFERING MEMORANDUM Bronx Multifamily Package BRONX, NY OFFERING MEMORANDUM KW COMMERCIAL 1155 Avenue of the Americas New York, NY 10036 PRESENTED BY: TONY MAZZULLI Associate Broker 0 914.438.1476 C 914.438.1476
More informationTHE PESCADERO VACATION HOMES PESCADERO DRIVE / SAN DIEGO, CA 92107
1466-74 PESCADERO DRIVE / SAN DIEGO, CA 92107 TABLE OF CONTENTS Confidentiality & Disclaimer All materials and information received or derived from ACRE Investment Real Estate Services, LLC its directors,
More informationOFFERING MEMORANDUM Ellendale Place. Los Angeles, CA 90007
OFFERING MEMORANDUM 2652-2656 Ellendale Place Los Angeles, CA 90007 2652-2656 Ellendale Place TABLE OF CONTENTS 5 7 8 9 01 Executive Summary Property Description Investment Detail Executive Summary Pro
More information6 Units on 430 N Palos Verdes Street 430 N Palos Verdes Street San Pedro, CA 90731
6 Units on 430 N Palos Verdes Street Desirable Unit Mix of Four 1-Bedroom and Two 2-Bedroom Units Tremendous Upside in Rental Income as Units Turn Over Property is Separately Metered for Utilities Ample
More informationTABLE OF CONTENTS 1300 E 81ST Street Kansas City, MO 64131
TABLE OF CONTENTS Real Estate Investment Details... 2 Executive Summary... 3 Property Description... 4 Pro Forma Summary... 5 Cash Flow Analysis... 6 Loan Analysis... 7 Internal Rate of Return Analysis...
More informationINDUSTRIAL LOT FOR SALE
INDUSTRIAL LOT FOR SALE 1.01 ACRES OFFERED AT $790,000 375 Reservation Road, Marina, CA 93933 Presented by: MAHONEY & ASSOCIATES 501 Abrego Street Monterey, CA 93940 831.646.1919 mahoneycommercial.com
More information3666 Regal Place OFFERING MEMORANDUM LOS ANGELES, CA OFFERING MEMORANDUM PRESENTED BY:
OFFERING MEMORANDUM 3666 Regal Place LOS ANGELES, CA OFFERING MEMORANDUM KW COMMERCIAL 818.380.5100 4061 Laurel Canyon Blvd. Studio City, CA 91604 PRESENTED BY: MICHAEL TOOTIKIAN Senior Vice President
More informationSherman Oaks PRIME Location Dickens St Sherman Oaks, CA 91423
Sherman Oaks PRIME Location 10 Units With Excellent Unit Mix of Mainly Two Bedroom Spacious Units. 1 Unit is NonConforming Studio (Can be Vacant) Pride of Ownership Property; The Building Has Gone Through
More informationPARK TERRACE APARTMENTS 915 NE 8 Street, Hallandale, FL 33009
PROPERTY OVERVIEW The Park Terrace Apartments are located in Hallandale Beach, Florida. The property consist of 14 spacious apartments. Situated on.63 of an acre. There are 9-1 bed/1 bath units and 5-2
More informationEl Camino Village 3121 ORANGE CENTER BOULEVARD, ORLANDO, FL Property Highlights: Gross Income $275,400. Proforma Income $292,800
El Camino Village 3121 ORANGE CENTER BOULEVARD, ORLANDO, FL 32805 Property Highlights: Gross Income $275,400 Proforma Income $292,800 Concrete Block Construction JOHNNY PULLMAN JOE LAFLEUR Multifamily
More informationValley View Apartments
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager 203-307-1574 bballetto@northeastpcg.com Jeff Wright Licensed Associate (914) 440-0900 jwright@northeastpcg.com
More informationPacific Ave Storage Units
For more information contact: Certified Commercial Broker rroberts@ccim.net Phone: 509-248-9400 Fax: 509-965-9282 5625 Summitview Ave Yakima, WA 98908 www.heritagemoultray.com Real Estate Investment Details
More information2236 Fremont Street, Monterey, CA 93940
SPECIAL PURPOSE - CAR WASH PROPERTY FOR SALE 24-HOUR SELF-SERVICE CAR WASH 2236 Fremont Street, Monterey, CA 93940 Presented by: ALISON GOSS 831.655.9205 aligoss@gmail.com BRE #01815323 MAHONEY & ASSOCIATES
More informationCOLONIAL VILLAGE APARTMENTS 1900 COLONIAL VILLAGE LANE, DAYTON, OH 45406
COLONIAL VILLAGE APARTMENTS 1900 COLONIAL VILLAGE LANE, DAYTON, OH 45406 Building Trust. Building Relationships. Building Value. presented by: Bart Weprin 513.936.9110 bart.weprin@weprinrealty.com Table
More informationThe Pavilion OFFERING MEMORANDUM HOUSTON, TX OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 920 South Fry Road
OFFERING MEMORANDUM The Pavilion HOUSTON, TX OFFERING MEMORANDUM KW COMMERCIAL 920 South Fry Road Katy, TX 77450 PRESENTED BY: VICTOR LOFINMAKIN Associate 832.788.1782 victor@victorlofinmakin.com TX #633391
More informationMarina 89 Proforma (HUD loan)
For more information contact: Broker chad@chadandersongroup.com John T Lewis Director of Development 253.678.1031 John@REISinvest.com Denny Anderson Co-Broker 253-720-8269 Denny@REISinvest.com Downtown
More informationTurkey Creek Mobile Estates 5602 E Tamera Lane Joplin, MO 64801
cgremax@yahoo.com Re/Max Truman Lake Commercial 5 NE 91 Road, Clinton, MO 64735 (660) 525-0393 (p) (660) 885-2208 (f) www.remaxcommercial.com Each Office Independently Owned and Operated Table of Contents
More information41 UNITS DUPLEX STYLE 3600 A ST., WASHOUGAL, WA MULTIFAMILY PROPERTY FOR SALE. D M
BECKY POTTER, CCIM D. 360.241.8829 M. 360.241.8829 bpotter@bhhsnw.com TABLE OF CONTENTS 1. PROPERTY INFORMATION 3 Property Details Complete Highlights Executive Summary Additional Photos Additional Photos
More information1946 Reed Avenue - Pacific Beach
1946 Reed Avenue - Pacific Beach OFFERING MEMORANDUM CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended
More informationABSOLUTE AUCTION Maple Grove Mobile Home Park
ABSOLUTE AUCTION Maple Grove Mobile Home Park For more information contact: Commercial Broker Associate ccraig@ccim.net Jim Halfhill, Sr. Halfhill Auction Group Principal Auctioneer +18593385764 halfhill@rhr.com
More information15 Units With Upside In Rent 120 E FAIRMONT AVE., MODESTO, CA PRIVATE CLIENT GROUP PCG COMMERCIAL $1,500, UNITS 6.
PRIVATE CLIENT GROUP 100% LEASED MULTIFAMILY COMPLEX 15 Units With Upside In Rent 120 E FAIRMONT AVE., MODESTO, CA 95354 $1,500,000 15 UNITS 6.04% CAP CONFIDENTIALITY & DISCLAIMER All materials and information
More informationOFFICE BUILDING FOR LEASE
153 CAYUGA STREET, SALINAS, CALIFORNIA 93901 3,033 SF ($1.25 PSF + NNN) Presented by: MAHONEY & ASSOCIATES 501 Abrego Street Monterey, CA 93940 831.646.1919 mahoneycommercial.com EXECUTIVE SUMMARY OFFERING
More information1111 E. 16th Street & 1518 Paloma Street, Los Angeles, CA 90021
FOR SALE INDUSTRIAL SPACE 811 Wilshire Blvd Suite #1010 Los Angeles, CA 90017 213.221.1288 FRANK LAHIJANI frankl@global-cre.com O: 213.221.1292 C: 213.792.7007 MARK ZAKARIAN, CCIM T: 213.221.1242 C: 818.468.1377
More informationWEST PALMDALE PLAZA VALLEY REALTY
WEST PALMDALE PLAZA Coldwell Banker Commercial Valley Realty is pleased to present the West Palmdale Plaza located in the city of Palmdale s highly sought after, Trade and Commerce Center! This project
More informationShaw's - Peterborough, NH
, gendroncommercial@gmail.com 450 Baxter Blvd. Portland, ME 04103 207-939-8500 (p) 866-246-0114 (f) www.gendroncommercial.com Table of Contents Real Estate Investment Details Biography Property Description
More informationLOT FOR SALE FREEWAY VISIBLE EAST LOS ANGELES 3965 E. OLYMPIC BLVD, LOS ANGELES, CA FOR SALE
LOT FOR SALE FREEWAY VISIBLE EAST LOS ANGELES FOR SALE Represented by: PROPERTY FEATURES OPPORTUNITY Sale Price: $3,400,000 Lot Size: +/-1.28 Acres APN #: 5242-006-018 Zoning: C3 Cross Streets: E. Olympic
More informationMill River Lofts. 277 Chapel Street New Haven, CT Unit New Haven Apartment Building. Loft Style Units, High Ceilings, Attractive Views
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager bballetto@northeastpcg.com David Almeida Senior Associate dalmeida@northeastpcg.com 45 Unit New
More informationHollywood Beach Multi-Family 326 Fillmore St Hollywood, FL 33019
Hollywood Beach Multi-Family A+ location steps away from Hollywood Beach Broad-Walk Recently renovated property is in great condition 100% occupied Actual NOI is $95,500 per year yielding a strong Capitalization
More informationPalm Desert San Rafael Ave Palm Desert, CA Prime Palm Desert Location. Huge upside potential in rents.
Palm Desert 44441 San Rafael Ave Palm Desert, CA 92260 For more information contact: Alan Wachman Sales Associate 310-202-9166 wach@mdrealtycorp.com CA LIC #01047592 Prime Palm Desert Location. Short walk
More informationMG Architects Kimberley Lane Houston, TX For more information contact: Ryan Hartsell Partner
For more information contact: Partner rhartsell@oxfordcres.com Phone: (713) 647-6400 2900 Weslayan St., Suite 480 Houston, TX 77027 www.oxfordcres.com Table of Contents Real Estate Investment Details...
More informationCircular Gardens Apartments
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager (203) 307-1574 bballetto@northeastpcg.com Mallory Chila Licensed Associate (203) 307-1578 mchila@northeastpcg.com
More informationNew Rochelle Mixed-Use
OFFERING MEMORANDUM New Rochelle Mixed-Use 525 MAIN ST. NEW ROCHELLE, NY 10801 OFFERING MEMORANDUM KW COMMERCIAL 1155 Avenue of the Americas New York, NY 10036 PRESENTED BY: TONY MAZZULLI Associate Broker
More informationMADEIRA BEACH PROFESSIONAL OFFICE
SALE PRICE: $2,240,000 CAP RATE: 8.0% LOT SIZE: 0.51 Acres BUILDING SIZE: 14,871 SF BUILDING CLASS: C YEAR BUILT: 1979 ZONING: C-3 PROPERTY OVERVIEW KW Commercial Proudly Presents - Madeira Beach Professional
More informationVIP/Cumberland Farms Scarborough 441 Payne Rd, Scarborough, ME 04074
441 Payne Rd, Scarborough, ME 04074 John Gendron, CCIM 2079398500 johnrgendron@gmail.com REAL ESTATE INVESTMENT DETAILS Analysis Analysis Date August 2016 Property Property Property Address Year Built
More informationPROFESSIONAL OFFICE FOR LEASE
PROFESSIONAL OFFICE FOR LEASE 9 SOLEDAD DRIVE SUITE F Monterey, CA 93940 Presented by: MAHONEY & ASSOCIATES 501 Abrego Street Monterey, CA 93940 831.646.1919 mahoneycommercial.com EXECUTIVE SUMMARY OFFERING
More informationThe Cottages LA PROPERTY HIGHLIGHTS. Prepared By. 421 Riverdale Dr Glendale, CA 91204
The Cottages LA 421 Riverdale Dr PROPERTY HIGHLIGHTS 16 units in an excellent Glendale rental pocket. Close to shopping, restaurants, and Downtown Los Angeles. 89 Walk score Each unit with the exception
More informationOFFERING MEMORANDUM 312 N. BELMONT ST GLENDALE CA 91206
OFFERING MEMORANDUM 312 N. BELMONT ST GLENDALE CA 91206 CONFIDENTIALITY & DISCLAIMER All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates
More informationN. Market Street
OFFERING MEMORANDUM 4010-4012 N. Market Street WILMINGTON, DE OFFERING MEMORANDUM KW COMMERCIAL 276 B Dilworthtown West Chester, PA 19382 PRESENTED BY: CAROL PLUMMER Director 302.632.3311 carolplummer@kwcommercial.com
More informationGlendale Child Care Facility Sale or Lease
Special Purpose Property For Sale/Lease : Table of Contents 3 PROPERTY INFORMATION 7 LOCATION INFORMATION 10 DEMOGRAPHICS 12 ADDITIONAL INFORMATION Confidentiality & Disclaimer All materials and information
More informationBlakeslee Street Townhomes
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager (203) 307-1574 bballetto@northeastpcg.com Taylor Perun Senior Associate (203) 307-1576 tperun@northeastpcg.com
More informationth St, San Diego
407 46th St, San Diego 7 Unit Multifamily Value-Add Investment Opportunity Exclusively listed by Rammy Cortez, Broker CA LIC #079469 69-962-022 RC@MyInfill.com 407 46TH STREET, SAN DIEGO, CA Investment
More informationLas Olas Apartments PROPERTY HIGHLIGHTS. Prepared By Naranja St San Diego, CA 92114
5236-42 Naranja St San Diego, CA 92114 PROPERTY HIGHLIGHTS Full Interior & Exterior Rehab Strong Unit Mix Garages & Off Street Parking Prepared By Central & Convenient Location High Demand Rental Market
More information4739 Point Loma Ave San Diego, Ca 92107
Ave San Diego, Ca 92107 SECTION I Pricing & Financials EXECUTIVE SUMMARY Ave San Diego, Ca 92107 Acquisition Costs Purchase Price, Points and Closing Costs $1,350,000 Investment - Cash $270,000 First Loan
More informationNoHo Arts District Apartments
OFFERING MEMORANDUM NoHo Arts District Apartments NORTH HOLLYWOOD, CA OFFERING MEMORANDUM KW COMMERCIAL 700 S. Flower Street, Suite 2900 Los Angeles, CA 90017 PRESENTED BY: JAKE KASARJIAN Commercial Real
More informationPAN AMERICAN PROFESSIONAL CENTER
PAN AMERICAN PROFESSIONAL CENTER 5690 PAN AMERICAN NORTH PORT, FL 34287 Ray Brunner, MBA CoStar Power Broker Senior Advisor 415.608.1942 ray.brunner@svn.com Randall Dunn Senior Advisor 306.547.4968 randy.dunn@svn.com
More informationNatick Manor Apartments
Natick Manor Apartments 4646 Natick Ave PROPERTY HIGHLIGHTS 18 Units + 2 non-conforming units minutes away from Ventura Blvd, on one of the most desirable streets in Sherman Oaks Excellent unit mix of
More informationGrove Street Apartments
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager (203) 307-1574 bballetto@northeastpcg.com Mallory Chila Licensed Associate 203-307-2578 mchila@northeastpcg.com
More informationVillage Street Multifamily
For more information contact: Managing Director ejordan@northeastpcg.com Drew Kirkland Senior Associate (857) 990-6802 dkirkland@northeastpcg.com Francis Saenz Licensed Associate (857) 990-6803 fsaenz@northeastpcg.com
More informationFOR SALE COURTYARD APARTMENTS INDIANA DRIVE, TOCCOA, GA PRESENTED BY:
FOR SALE COURTYARD APARTMENTS 32-35 INDIANA DRIVE, TOCCOA, GA 30577 PRESENTED BY: 404.442.2831 404.442.2873 COURTYARD APARTMENTS EXECUTIVE SUMMARY 3 LOCATION INFORMATION 6 FINANCIAL ANALYSIS 9 MARKET OVERVIEW
More informationMIRASOL STREET
FOR LEASE INDUSTRIAL SPACE 811 Wilshire Blvd Suite #1010 Los Angeles, CA 90017 213.221.1288 frankl@global-cre.com YAN TKACH yant@global-cre.com global-cre.com Table of Contents PROPERTY INFORMATION 3 ADDITIONAL
More informationSEASHORE APARTMENTS 149 S MYERS STREET / OCEANSIDE, CA 92054
149 S MYERS STREET / OCEANSIDE, CA 92054 TABLE OF CONTENTS Confidentiality & Disclaimer All materials and information received or derived from ACRE Investment Real Estate Services, LLC its directors, officers,
More information4455 Bakman Ave PROPERTY HIGHLIGHTS. Prepared By Bakman Ave Studio City, Ca 91602
PROPERTY HIGHLIGHTS Pride of ownership situated among multi-million dollar properties. Tremendous upside in rents. Over a 6.5 market cap on existing rents. Prepared By Cindy Hill, CCIM Senior Vice President
More informationSouth Park Apartment Complex
For more information contact: Founder & Principal andy@vreg.co Brian Suite Director of Operations Broker (808)927-1202 brian@vreg.co Six Unit Apartment Building 6,250 sf Lot Less Than 15 Minutes From Downtown
More information