Saturday I met with Sam (a client and friend) and his wife to show them a very nice little mixed-use building on Macarthur Blvd in Oakland that we have listed. The 5 unit building is offered by PCLC, Inc. at $450k and has 3 apartments over 2 commercial store fronts. The building is in the Dimond District which is a fantastic little commercial corridor on the hillside of Oakland.
I have been working with Sam for about a year, he owns an apartment building on the street where I live in Alameda. He runs a deli in San Francisco and has just put 3 kids through college. I hear stories all the time about apartment owners who put their kids through college with the cash flow from their buildings.
Sam is a super nice and very hard working man. I enjoy spending time with him and I will be very happy when I find him a fantastic apartment building to add to his portfolio.