Estabrook Apartments 5-Units NEW LISTING: 5-Unit Apartment Building 364 Estabrook Street, San Leandro, CA 94577

Estabrook Apartments are 100% occupied with long-term tenants. Four of the units are townhouse-style 2 bedroom, 1.5 bath. The fifth unit is a 1 bedroom 1 bath.

All units include carpet flooring throughout, with vinyl flooring in the kitchens & bathrooms. Unit amenities include gas wall heat, solid wood kitchen cabinetry, dishwashers, electric stoves, garbage disposals, ceiling fans and a deck off the upper level unit kitchen. The ground level units each have a small patio. (more…)

Filed under Apartment Building Listings, Preview properties, Uncategorized · Tagged with apartment building sales, commercial real estate, multi-family investing, oakland apartment buildings, purchasing commercial real estate in the san francisco bay area, san leandro investment property

A prospect e-mailed me today and said “”I want a good deal at a reasonable price”. I thought to myself isn’t this what everybody wants?
As a long time real estate buyer I know the exact frustration that ensues when a buyer is on a search and just cannot find anything good. This is most often the case. Here was my response: (more…)

Filed under Interesting People I meet · Tagged with investing in apartment buildings, purchasing commercial real estate in the san francisco bay area, multi-family housing

I had the pleasure of listening to Richard Knudsen talk about the apartment market in the Bay Area at the local IMF meeting. Richard is an extremely knowledgable veteran broker who is respected by many in the industry. Later I met with Richard to discuss the multi-family housing market and brokerage business in general. Below are the slides from his talk, please take a look at slide #6, it speaks for itself.

Presented By: Richard Knutson, CCIM

Apartment Forecast 2012 for the San Francisco Bay Area

Filed under Investing in Multi-Family, Market Conditions, Property Management · Tagged with capitalization rate, investing in apartment buildings, property management, east bay apartment broker, cash flow, bay area wealth builders, investing, job growth, apartment buildings in the bay area, cap rate, apartment building sales, commercial real estate, purchasing commercial real estate in the san francisco bay area, cash flow multi-family real estate, cash flow property for sale, investing in multi-family real estate