Featured Listings
$ 27,000,000 - 418 Units
- 1,848,251 sq/ft
- 418-unit multifamily asset on a low-density 42 acre site
- Property includes a 14.5 acre wooded green belt with development potential
- Recently renovated with over $6.6 million in upgrades
- Excellent unit mix of large townhomes, flats and loft style units
- Significanly below replacement cost
$ 25,000,000
- Rare 102,003 Square Foot Office Building in Prime Infill Location
- Potential for Office, Condo, Industrial, Hotel, Apartment or Affordable Development
- Fully Approved Entitlements for 528 High-Rise Condos
- Zoning Approval for up to 600 Residential Units That Can be Low Rise, Mid Rise, or High Rise
- Rare 6 Acre Infill Site in the Booming Silicon Valley
- Less Than $100 per Square Foot for Land
$ 21,500,000 - 248 Units
- 259,020 sq/ft
- Bank Foreclosure
- 248 unit luxury gated apartment community with tropical landscaping on over 15 acres of Galveston Island
- Views of the Gulf of Mexico and West Bay and within walking distance to the beach
- Approved condominium conversion tract map for a great exit strategy
- Value-add potential in a market with strong rental fundamentals
- Below replacement cost
- Three 4 story buildings constructed in 2004-2005 with 1.73 acres of surplus land for future development
- Spacious units with fully equipped kitchens, private patios or balconies, full size walk in closets and washers and dryers
- Impressive amenities including a resort style swimming pool, spa, leasing office, billiards room, water features, state of the art fitness center, business center, sand volleyball court, clubhouse with kitchen, playground and 16-hole chip and putt green
- Located just 45 minutes south of Houston, the 4th largest city in the United States
- Strong job and population growth and increasing occupancy levels in the submarket
- Over the Past 5 Years the submarket’s total employment growth was higher than the Southwest and the United States and is projected to increase further over the next five years
$ 15,000,000 - 49 Units
- 48,021 sq/ft
- 49 unit non-rent control community, steps from Santa Barbara City College and ¼ mile to the ocean
- Great mix of 1, 2, and 3 bedroom units
- Value add potential
- Below market rent with significant revenue potential
- This excusive oceanside community is surrounded by homes that sell for $2.3 million on average
- Market rents increased by 6% in 2007 with an occupancy factor of 98.6%
- Ideal location just 5 blocks from upscale shops and dining on State Street, including over 150 Restaurants and Upscale Retailers Such As Sacks Fifth Avenue, Nordstrom, and Banana Republic within Walking Distance
$ 10,775,000 - 25 Units
- 37,066 sq/ft
- Partially renovated property with tremendous value-add potential
- 5 story 1964 construction apartment complex with street level parking
- Beverly Hills rent control allows for annual rent increases of up to 10%
- Over $117,000 loss to lease with 15% rental upside
- Large apartments averaging approximately 1,300 square feet
- 5 blocks from the Golden Triangle and world class shopping on Rodeo Drive
- Strong occupancy, rental, and population growth in this submarket
$ 9,500,000 - 32 Units
- 18,456 sq/ft
- 4.5% CAP on Actuals
- Under $300,000 Per Door
- 31 Units and 3 Offices - Completely Renovated
- Just 2 Blocks to World Class Shopping on Rodeo Drive & Wilshire Blvd.
- Walk To Barney's, Neiman Marcus, Sacks Fifth Avenue, And Five Star Dining
$ 8,500,000 - 132 Units
- 99,464 sq/ft
- 132 Unit Multifamily Asset on Approximately 5 Acres in Fresno
- Two-Story, Garden-Style Community with Only 26 Units to the Acres
- Renovated in 2004 with Over $1.3 Million in Upgrades
- Pitched Roofs and Mature Landscaping
- Increase Rents by Improving Management and Incorporating Value-Add Ideas
- Fresno's Growth Rate is Two Times the National and State Average
- Situated Minutes Away From Cal State Fresno and The Fresno International Airport
$ 5,995,000 - 20 Units
- 21,685 sq/ft
- Non-Rent Control Property Less Then Half A Mile From the Ocean
- 87% of Units are Townhouses
- Recently Renovated Property
- Rents in this Submarket Are Projected to Increase by 6% Anuualy
- Homes in This Area Sell For $1.5M on Average
$ 4,750,000 - 20 Units
- 12,327 sq/ft
- Vintage Pride of Ownership Property in Santa Monica
- Over $2 Million in Recent Renovations
- North of Wilshire Boulevard
- Homes in the Surrounding Area Sell for Over $1M On Average
- High Historical Occupancy & Rental Growth Rate
- Walk to the Beach, 3rd Street and Montana Avenue
- Santa Monica Rental Growth is 2X The Growth Rate for L.A., California, and the Nation
- Surrounded by Upscale Neighborhoods Such As Brentwood, Westwood, Beverly Hills, Century City, and Pacific Palisades
- Over 450 Restaurants and Hundreds of Retail Stores within One Mile
- Less than 2 Miles from the 405 and 10 Freeway and the Pacific Coast Highway
$ 4,750,000 - 16 Units
- 16,150 sq/ft
- Non-Rent Control Property in the Heart of Midtown Santa Barbara
- Mission Revival Architecture Renovated in 2006
- 2 Blocks From Shops and Dining on State Street
- Great Mix of Townhouse, 2 Bed & 1 Bed Units
- Just 2 Miles from the Pacific Ocean
$ 3,200,000 - 13 Units
- 10,115 sq/ft
- Historically relevant apartment community in the heart of West Hollywood
- 13 unit two story walk-up in class-A location
- Approx 80 ft of frontage on famed Doheny Drive
- Walking distance to upscale shopping, entertainment and dining on Sunset, La Cienega and Santa Monica Blvd
- Well Maintained Building with over 35% of rental upside
- Great assumable in place financing fixed at 5.5%
- Strong rental location – asking rents in the submarket consistently outperform both Los Angeles and the Nation
- Limited multifamily construction in this submarket
- Average income in the area is $101,018
$ 2,700,000 - 34 Units
- 13,382 sq/ft
- 34 Unit Two Story Contemporary Apartment Complex in Hollywood, CA
- Highly Visible Corner Lot With Approx 80 ft Frontage on Carlton Way and Approx 188 ft Frontage on Serrano Ave
- Value Add Potential with Good Rental Upside
- Priced Below Replacement Cost at $79,412 a unit
- Close Proximity to Major Hollywood Studios and Production Companies, as well as Shopping, Dining and Nightlife in Hollywood
- Centrally Located Near Retail and Entertainment Areas on Sunset Blvd, Western Ave., and Hollywood Blvd
- Minutes from Public Transportation, Major Thoroughfares, and the 101 Freeway
- Sub-market occupancy of 97.4% with increasing rents
- Strong Rental Location – Asking Rents in this Sub-market have out performed both Los Angeles and the Nation
$ 2,450,000 - 72 Units
- 48,444 sq/ft
- Great Cash Flow Property in North Dallas County
- 7.27% CAP Rate and Low GRM of 4.54 On Actual's
- Value-Add Potential With Rental Upside
- Priced Below Replacement Cost
- 1/2 Mile From Dallas Area Rapid Transit (D.A.R.T) Location-Currently Under Construction
- In 2006, Carrollton Was Selected as the 19th Best Place to Live in the United States by Money Magazine