Nick driving and selling property

Last year (2010) I was working hard to sell this 32 unit building located at 2701 High Street in Oakland. This was leading up to our first broker’s open house. I was optomistic, however we only had one or two brokers show up to preview the property.

Fast forward to 2011, everybody wishes they took advantage of the possibility to own such a large apartment building with no rent control and built out of concrete. The market has changed considerably since I shot this video of myself in 2010. We now have a plethora of buyers and sellers entering the apartment market in the East Bay. And I just sold the building located at 2701 High Street, it took a full year!

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About BayApartmentAdvisor

Nick Myerhoff is a Bay Area apartment market specialist. He owns and operates his own multi-family real estate and assists clients and prospects with their purchases and exchanges of residential commercial real estate in the bay area.
This entry was posted in Investing in Multi-Family, Nicks Videos, Stories about Commercial Real Estate and tagged , , , . Bookmark the permalink.

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