Clark Apartments Clark Tarzana, CA Entitlements for 27 new condos and 68 parking. Waiver to tenant relocation fee from most tenants
|
|
- Miranda Norton
- 5 years ago
- Views:
Transcription
1 For more information contact: Broker Entitlements for 27 new condos and 68 parking Waiver to tenant relocation fee from most tenants 20% rental upside while preparing for new development Walking distance to markets, shops and restaurants Minutes to Tarzana Hospital, 101 and 405 freeways Phone: (323) S. Holt Avenue Los Angeles, Ca 90035
2 Table of Contents SECTION 1 - DETAILS SECTION 2 - PROPERTY OVERVIEW SECTION 3 - INVESTMENT OUTLOOK SECTION 4 - INVESTMENT DETAILS SECTION 5 - INVESTMENT RETURNS SECTION 6 - ADDITIONAL INFORMATION
3 Details
4 Real Estate Investment Details ANALYSIS Analysis Date: March 2013 PROPERTY Property: Property Address: Year Built: 1959 Clark Apartments PURCHASE INFORMATION Property Type: MultiFamily Purchase Price: $3,950,000 Units: 25 Total Rentable Sq. Ft.: 17,485 FINANCIAL INFORMATION Down Payment: $1,382,500 LOANS Debt Term Amortization Rate Payment LO Costs Adjustable $2,567, years 30 years 3.5% $11,529 INCOME & EXPENSES Gross Operating Income: $270,135 Monthly GOI: $22,511 Total Annual Expenses: ($107,421) Monthly Expenses: ($8,952) CONTACT INFORMATION 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 4 of 28
5 Property Overview
6 Property Description PROPERTY DESCRIPTION is comprised of a multifamily property with 25 existing units in the heart of Tarzana, California. The unit mix consists of twenty 1+1, three 2+1 and two 2+2 on a 22,500 SF lot with alley in the back, zoned R-3, and built in Currently, it is 100% occupied with gross annual income of $270K and NOI of $162K. In 2006 it was entitled for 27 new condos with a gross buildable area of approximately 60,000 SF and 68 subterranean parking spaces which may be increased to 37 units and approximately 80,000 SF by exercising the density bonus option. Plus, most tenants have already signed a waiver to tenant relocation fee. Besides the cash-flow from the existing units, there is the potential to 20% rental upsides while preparing for a future development. Common area amenities include nice landscaping, a gated swimming pool, on-site laundry, and 25 parking spaces. This location is one of the most desirable neighborhoods in Tarzana with average household income of $70,000 and average home prices of $700,000. It is one block North of Ventura Blvd and walking distance to varieties of shops, restaurants and markets. Minutes to Tarzana Hospital, 101 and 405 freeways. page 6 of 28
7 Clark Apartments Property Photos Clark Apartment Pool View page 7 of 28
8 Two Bedroom Living Room Two Bedroom page Breakfast 8 of 28 Room
9 Two Bedroom Master Bedroom Two Bedroom page 9 of 2 nd 28 Bedroom
10 Two Bedroom Kitchen Two Bedroom page 10 of Bathroom 28
11 One Bedroom Apartment One Bedroom Kitchen page 11 of 28 One Bedroom Living Room
12 Maps and Aerials Aerial Photo Aerial page 12 of 28
13 Maps and Aerials Street Map page 13 of 28
14 page 14 of 28
15 page 15 of 28
16 page 16 of 28
17 page 17 of 28
18 Investment Outlook
19 Executive Summary ACQUISITION COSTS Purchase Price, Points and Closing Costs $3,950,000 Investment - Cash $1,382,500 First Loan $2,567,500 INVESTMENT INFORMATION Purchase Price $3,950,000 Price per Unit $158,000 Price per Sq. Ft. $ Income per Unit $11,130 Expenses per Unit ($4,297) INCOME, EXPENSES & CASH FLOW Gross Scheduled Income $278,256 Total Vacancy and Credits ($8,121) Operating Expenses ($107,421) Net Operating Income $162,714 Debt Service ($138,351) Cash Flow Before Taxes $24,363 FINANCIAL INDICATORS Cash on Cash Return Before Taxes 1.76% Debt Coverage Ratio 1.18 Capitalization Rate 4.12% Gross Rent Multiplier Gross Income / Square Feet $15.91 Gross Expenses / Square Feet ($6.14) Operating Expense Ratio 39.77% page 19 of 28
20 Pro Forma Summary INCOME Actual Per Unit Market Per Unit Gross Potential Rent $270,696 $10,828 $328,200 $13,128 Less: Vacancy ($8,121) ($325) ($9,846) ($394) Misc. Income $7,560 $302 $3,720 $149 Effective Gross Income $270,135 $10,805 $322,074 $12,883 OPERATING EXPENSES Actual Per Unit Market Per Unit Property Taxes $49,375 $1,975 $49,375 $1,975 Insurance $4,690 $188 $4,960 $198 Utilities $27,850 $1,114 $27,850 $1,114 Repairs & Maintenance $6,791 $272 $6,791 $272 Management Fee $12,000 $480 $12,000 $480 Gardening $1,560 $62 $1,800 $72 Trash Removal $3,120 $125 $360 $14 License & Permit Fees $1,075 $43 $3,600 $144 Pool Service $960 $38 $1,075 $43 $0 $0 $1,200 $48 Total Expenses ($107,421) ($4,297) ($109,011) ($4,360) Net Operating Income $162,714 $6,509 $213,063 $8,523 page 20 of 28
21 Pro Forma Summary UNIT MIX & ANNUAL SCHEDULED INCOME Type Units Actual Total Market Total $10,418 $208,356 $12,600 $252, $14,140 $42,420 $15,000 $45, $9,960 $19,920 $15,600 $31,200 TOTALS 25 $270,696 $328,200 INVESTMENT SUMMARY Price: $3,950,000 Year Built: 1959 Units: 25 Price/Unit: $158,000 RSF: 17,485 Price/RSF: $ Lot Size: 22,560 sf Floors: 2 ANNUALIZED INCOME Actual Market Gross Potential Rent $270,696 $328,200 Less: Vacancy ($8,121) ($9,846) Misc. Income $7,560 $3,720 Effective Gross Income $270,135 $322,074 Less: Expenses ($107,421) ($109,011) Net Operating Income $162,714 $213,063 Debt Service ($138,351) ($138,351) Net Cash Flow after Debt Service $24,363 $74,712 Principal Reduction $49,274 $49,274 Total Return $73,637 $123,986 Parking Spaces: 25 spaces APN: Cap Rate: 4.12% Market Cap Rate: 5.39% GRM: 14.2 Market GRM: 11.9 FINANCING SUMMARY Loan Amount: $2,567,500 Down Payment: $1,382,500 Loan Type: Adjustable Interest Rate: 3.5% Term: 30 years Monthly Payment: $11,529 DCR: 1.18 ANNUALIZED EXPENSES Actual Market Property Taxes $49,375 $49,375 Insurance $4,690 $4,960 Utilities $27,850 $27,850 Repairs & Maintenance $6,791 $6,791 Management Fee $12,000 $12,000 Gardening $1,560 $1,800 Trash Removal $3,120 $360 License & Permit Fees $1,075 $3,600 Pool Service $960 $1,075 $0 $1,200 Total Expenses $107,421 $109,011 Expenses Per RSF $6.14 $6.23 Expenses Per Unit $4,297 $4,360 page 21 of 28
22 Investment Details
23 Unit Rent Roll Unit Description Approx. Sq. Ft. Current Rent Pro Forma Rent Comments $987 $1, $700 $1, $950 $1, $917 $1, $800 $1, $890 $1, $890 $1, $773 $1, $824 $1, $824 $1, $960 $1, $1,185 $1, $965 $1, $1,184 $1, $774 $1, $827 $1, $773 $1, $945 $1, $890 $1, $890 $1, $890 $1, $1,166 $1, $850 $1, $776 $1, $928 $1,050 page 23 of 28
24 Cash Flow Analysis Description Year 1 Year 2 Year 3 Year 4 Year 5 GROSS SCHEDULED INCOME $278,256 $286,377 $294,741 $303,357 $312,231 Turnover Vacancy ($8,121) ($8,365) ($8,615) ($8,874) ($9,140) Total Operating Expenses ($107,421) ($107,421) ($107,421) ($107,421) ($107,421) NET OPERATING INCOME $162,714 $170,591 $178,705 $187,062 $195,669 Loan Payment ($138,351) ($138,351) ($138,351) ($138,351) ($138,351) NET CASH FLOW (b/t) $24,363 $32,241 $40,354 $48,711 $57,319 Cash On Cash Return b/t 1.76% 2.33% 2.92% 3.52% 4.15% Footnotes: b/t = before taxes;a/t = after taxes page 24 of 28
25 Investment Returns
26 Internal Rate of Return Analysis BEFORE TAX IRR Time Future Cash Flows Initial Investment ($1,382,500) End of Year 1 $24,363 End of Year 2 $32,241 End of Year 3 $40,354 End of Year 4 $48,711 End of Year 5* $1,704,346 IRR = 6.24% * ($57,319 + $1,647,028) AFTER TAX IRR Time Future Cash Flows Initial Investment ($1,382,500) End of Year 1 $24,363 End of Year 2 $32,241 End of Year 3 $40,354 End of Year 4 $48,711 End of Year 5* $1,527,821 IRR = 4.06% * ($57,319 + $1,470,502) page 26 of 28
27 Additional Information
28 Biography PROFESSIONAL BIO served as a Senior Advisor at Sperry Van Ness in Brentwood California specializing in the sale of multifamily apartment buildings, shopping centers, office buildings and land development in Southern California. Prior to joining Sperry Van Ness, Faraj worked at Major Properties, specializing in the sales and leasing of industrial properties in downtown Los Angeles and the nearby cities. While at Major Properties, he was ranked as one of the top agents and received several sales awards, acknowledgements and trophies. With over 24 years of commercial real estate experience in investment and development, Faraj has negotiated and secured over 100 transactions and is recognized by his clients as being a hardworking, diligent, and responsive broker with the highest degree of integrity and devotion to the best interest of his client. Additionally, Faraj is a CCIM candidate (Certified Commercial Investment Member) working as an independent broker. He has a Bachelor of Science degree from Hayward State University and has been featured in several publications including The Los Angeles Business Journal for various transactions. He brings a wealth of knowledge and experience in the areas of effective marketing, negotiation, investment and development. page 28 of 28
Baric 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 information317 Western Ave PROPERTY HIGHLIGHTS. Prepared By. 317 Western Ave Glendale, CA 91201
317 Western Ave PROPERTY HIGHLIGHTS 10 Units in excellent Glendale rental pocket Nearly a 4 cap with upside on existing rents Not subject to rent control Prepared By Cindy Hill, CCIM Senior Vice President
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 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 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 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 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 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 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 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 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 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 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 information15025 Burbank Blvd PROPERTY HIGHLIGHTS. Prepared By Burbank Blvd Sherman Oaks, CA 91411
PROPERTY HIGHLIGHTS Pride of ownership 4 plex in excellent Sherman Oaks location Can be bought together with 15011 Burbank Blvd., which is owned by the same owner. Prepared By Cindy Hill, CCIM Senior Vice
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 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 information8 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 informationMidstate Office Park
For more information contact: Managing Director ejordan@northeastpcg.com Drew Kirkland Licensed Associate (857) 990-6802 dkirkland@northeastpcg.com Francis Saenz Investment Associate (857) 990-6803 fsaenz@northeastpcg.com
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 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 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 informationThe Silver Building. 519 Campbell Avenue West Haven, CT 06516
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager 203-307-1574 bballetto@northeastpcg.com Rich Edwards Licensed Associate (203) 307-1577 redwards@northeastpcg.com
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 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 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 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 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 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 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 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 information15011 Burbank Blvd PROPERTY HIGHLIGHTS. Prepared By Burbank Blvd Sherman Oaks, CA 91411
PROPERTY HIGHLIGHTS 9097 square foot R-3 lot. Can build up to 11 units. Existing structure is a pride of ownership 3 unit apartment building. Can be purchased with 15025 Burbank, which is owned by the
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 informationBayview Apartments. 470 Central Ave Alameda, CA Unit Apartment Building On Alameda Island Rarely Available Waterfront Property
For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE 01327546 33 Unit Apartment Building On Alameda Island Rarely Available Waterfront Property Views of The San Francisco
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 informationRite Aid-Lewiston. 315 Main Street, Lewiston, ME John Gendron, CCIM. (207)
, johnrgendron@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... 3 Biography... 4 Property Description...
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 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 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 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 informationToledo Court Apartments
, $2,000,000 Sales Price 70 Rentable Units 1 Office, 1 Laundry 72 Total Minnix Property Management, Lubbock's premiere local Management Company, took this property from 20% to 80% in 2008. mkwilley@kw.com
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 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 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 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 information2280 East 7th Street Brooklyn, NY 11223
FEATURES Prime Detached 6 Family Building for sale Lot 32 X 100 / Built 23 X 84 5/2 Bedroom Apts and 1-1 Bedroom Apt Zoning R4 Gross Rent roll $85,200/ 916 Kings Highway 718-998-5700 (p) 718-998-5804 (f)
More informationOffice/Warehouse NNN. Deerfield Beach, FL Mario Abati. Adam P. Von Romer, CCIM
NNN Leases Great Location 100% Occupied National Credit Tenant Great Cash Flow Ideal For 1031 Senior Investment Associate avonromer@ccim.net BK575531 Mario Abati Commercial & Investment Specialist 954-816-9836
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 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 informationSavannah Gardens PROPERTY HIGHLIGHTS. Prepared By. 23 NW 434 PRV RD Clinton, MO Chuck Gray Broker
Savannah Gardens 23 NW 434 PRV RD Clinton, MO 64735 PROPERTY HIGHLIGHTS 20 Duplex Buildings 40-units 3 bed 2- bath 1 car garage units 1,400 sq ft per unit 52-mini storage units 12' X 20' Prepared By Chuck
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 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 information222 N. JACKSON GLENDALE, CA 91206
222 N. JACKSON GLENDALE, CA 91206 Excellent Rental Location Tremendous Upside in Rents No Rent Control Well Maintained Joseph Stitick, CCIM Investment Property Services, Inc. 601 East Glenoaks Boulevard
More informationPlaza Court E 63rd Street, Raytown, MO KW Commercial. Donna Lilley, Broker Plaza Court Apartments
Plaza Court 10318 E 63rd Street, Raytown, MO 64133 Plaza Court Apartments Beautiful In Ground Pool Donna Lilley, Broker 816.875.8100 donnalilley@kw.com KW Commercial Phone: (816) 8758100 1201 Windsor Drive
More information1300 El Camino Real. Millbrae, CA OFFERING MEMORANDUM
OFFERING MEMORANDUM 1300 El Camino Real Millbrae, CA 94030 DON SUNG Associate Vice President +1 650 380 5188 don.sung@colliers.com CA License No. 01935797 FINANCIAL ANALYSIS & PRICING Offering Details
More informationHickory Tree Apartments
, $999,999 Sales Price 88 Rentable Units 2 Office Areas 90 Total All Bills Paid Complex Managed by Minnix Property Management, Lubbock's premiere local management company. Hickory Tree is a unique property.
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 informationCOLOMA AT CHASE PROFESSIONAL
COLOMA AT CHASE PROFESSIONAL 10390 Coloma Road Rancho Cordova, CA 95670 For more information contact: dmincher@thevollmancompany.c 01703483 Amy Diedrich Commercial Agent 916-600-1559 ADiedrich@thevollmancompany.
More informationLas Casistas. 948 N. Santa Fe Ave Vista, Ca Brian Nelson, Broker x
nelson@scc1031.com 01409860 Tim Swanston Senior Associate 916-541-3630 swanston@scc1031.com 01844618 24 Units with Room to Raise Rents 100% occupied Professionally Maintained grounds & Landscaping Managed
More informationPORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA Jon Davis, BRE# Vice President CalDRE #
PORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA 92833 Jon Davis, BRE#01885959 Vice President 949.558.0302 jon.davis@svn.com CalDRE #01885959 SVN VANGUARD 120 W. 5TH STREET, SUITE 210, SANTA ANA, CA
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 informationWaterville Rite Aid 210 Main St., Waterville, ME 04901
Waterville Rite Aid 210 Main St., Waterville, ME 04901 John Gendron, CCIM 2079398500 johnrgendron@gmail.com TABLE OF CONTENTS Waterville Rite Aid Real Estate Investment Details... 3 Biography... 4 Property
More information1013 N. Ross St SANTA ANA, CA OFFERING MEMORANDUM
OFFERING MEMORANDUM INVESTMENT OVERVIEW Investment Highlights Strong Unit Mix of 1 Bed + Den, and 2 Bed Units Great Curb Appeal & Nicely Landscaped No Owner Gas or Electric Bill! Common Area Includes Spacious
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 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 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 information3153 BARBARA COURT > OFFERING MEMORANDUM. Team Ghobadi Real Estate Investment Services P: +1 (818)
> OFFERING MEMORANDUM 3153 BARBARA COURT LOS ANGELES, CALIFORNIA 90068 Team Ghobadi Real Estate Investment Services P: +1 (818) 325 4142 reza.ghobadi@colliers.com 3153 BARBARA COURT LOS ANGELES, CA 90068...3...
More informationCity Terrace Apartments 4116 City Terrace Dr. Los Angeles, CA OFFERING MEMORANDUM
City Terrace Apartments 4116 City Terrace Dr. Los Angeles, CA 90063 OFFERING MEMORANDUM TABLE OF CONTENTS PROPERTY DESCRIPTION Property Overview............................... 4 Local Description...............................
More informationHorner Street, Los Angeles, CA 90035
6125 Horner Street, Los Angeles, CA 90035 A 12-Unit Apartment Opportunity Tom Jonsson Multi-Family Investment Sales Managing Principal Office: (310) 593-9866 Mobile: (310) 966-0122 Tom.Jonsson@cbcadvisors.com
More informationOFFERING MEMORANDUM. 627 MAGNOLIA AVENUE Long Beach, California. Offering Memorandum 1
OFFERING MEMORANDUM 627 MAGNOLIA AVENUE Long Beach, California Offering Memorandum 1 PROPERTY OVERVIEW Price $3,500,000 ($398.34/SF) Rentable SF 9,300 SF* Assessor SF 8,788 SF* APN 7272-024-115 Price/RSF
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 informationLarge, 2-parcel, 2-Bldg., 20 unit Opportunity Clark Ave. & 9354 Greenwell St. Bellflower, CA 90706
Large, 2-parcel, 2-Bldg., 20 unit Opportunity Extremely well-maintained by long-term ownership with almost $250,000 of improvements. Seamless transition & operation on day one. Newer dual-pane windows
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 information511 La Cadena Way LA HABRA, CA OFFERING MEMORANDUM
OFFERING MEMORANDUM INVESTMENT OVERVIEW Investment Highlights Strong Unit Mix of 1 & 2 Bedrooms, Good Curb Appeal, and Nicely Landscaped Units Are Separately Metered for Electric & Gas 4 of 8 Units Have
More informationMiami Airport Center Warehouse 7500 NW 25th St Unit 2 Miami, FL 33122
Miami Airport Center Warehouse Strategically located directly off of the Palmetto Express way and less than one mile from Miami International Airport Liberal zoning of IU-2 (heavy industrial) Class A industrial
More information901 W. 83RD STREET LOS ANGELES, CA 90044
MULTI-FAMILY EXECUTIVE SUMMARY 3 UNITS - LOS ANGELES 901 W. 83RD STREET EXCLUSIVELY OFFERED BY: Sam H. Grayeli Managing Partner Direct: 310-525-3711 sgrayeli@brcadvisors.com CA BRE License #1299288 Ian
More information1752 W Sumac Ln ANAHEIM, CA OFFERING MEMORANDUM
OFFERING MEMORANDUM PROPERTY DESCRIPTION INVESTMENT OVERVIEW Investment Highlights Gated Front with Nice Landscaping, Separate Garage Structure Desirable Unit Mix of Mostly Two Bedroom Units Ample Parking,
More informationBeaumont, TX Erica C. Goss Associate x102
2305 North Street Beaumont, TX 77702 Erica C. Goss 623539 Associate 409-899-3300 x102 egoss@naiwheeler.com Lee Wheeler, CCIM 467055 President 409-899-3300 lwheeler@naiwheeler.com Lit Corner at North &
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 informationThe Capri Apartments Hess Road, 441 & 403 Poplar Avenue, Redwood City, CA
The Capri Apartments 1491 Hess Road, 441 & 403 Poplar Avenue, Redwood City, CA DON SUNG Associate Vice President +1 650 380 5188 don.sung@colliers.com P. CA 1 License COLLIERS No. INTERNATIONAL 01935797
More informationGREAT COMMERCIAL PROPERTY FOR SALE
GREAT COMMERCIAL PROPERTY FOR SALE 926 E. ANAHEIM STREET WILMINGTON, CA 90744 PROPERTY HIGHLIGHTS Great commercial property located in Wilmington industrial area. Close to Los Angeles, San Pedro, Long
More information23 ACRES HEART OF THE BAKKEN. Williston, ND. Offering Memorandum Investment Opportunity NNN Leased Highway 2 Frontage Additional Development Land
Offering Memorandum Investment Opportunity NNN Leased Highway 2 Frontage Additional Development Land Williston, ND 23 ACRES HEART OF THE BAKKEN MATT OLSON - ASSOC. BROKER, CCIM, SIOR Property Resources
More information1032 S BEDFORD STREET LOS ANGELES CA 90035
REET LOS ANGELES CA 9003 UNITS IN THRIVING PICO-ROBERTSON www.concord-re.com hello@concord-re.com 310.1.0660 449 South Beverly Drive, First Floor, Beverly Hills, CA 90212 OFFERING MEMORANDUM MARKETING
More information810 South St Andrews Place, Los Angeles, CA Unit Apartment Opportunity
810 South St Andrews Place, Los Angeles, CA 90005 18-Unit Apartment Opportunity CONFIDENTIALITY AGREEMENT The information contained in the following Marketing Brochure is proprietary and strictly confidential.
More information10004 S. ANZAC AVENUE LOS ANGELES, CA 90002
MULTI-FAMILY EXECUTIVE SUMMARY 4 UNITS - LOS ANGELES 10004 S. ANZAC AVENUE LOS ANGELES, CA 90002 EXCLUSIVELY OFFERED BY: MULTI-FAMILY INVESTMENT OPPORTUNITY Sam H. Grayeli Managing Partner Direct: 310-525-3711
More information