Reviewed On: 2011-10-19

Listing Price:		$1,275,000	Units:	0
Price/Unit:		$0	Price/SqFt:	$
Cap Rate:		%	GRM:

A Wheelhouse Listing!

The Wheel Deal: 2025 Channing Way is an approved 30-unit residential development project located in the heart of Berkeley. The site is just 3.5 Blocks from the UC Berkeley Campus. The development has been recently re-entitled using a ZETA Communities design, utilizing extremely efficient, modern, modular housing construction. This particular design allows an investor/developer to build LEED certified structures in one third of the time that it normally takes a builder to erect a similar building. This allows an owner to significantly reduce their holding costs as well as simplify the development process due to the off-site production of the structure. Investors/Developers have the option of using ZETA for production or they can seek there own method of development for this efficiently designed apartment community.

Reviewed On: 2011-07-25

Listing Price:		$112,500	Units:	21
Price/Unit:		$5,357	Price/SqFt:	$10
Cap Rate:		%	GRM:

A Wheelhouse Listing!

The Wheel Deal: Arroyo Vista Senior Residences is a mixed-use development opportunity located at 7701 Bancroft Avenue in the heart of the Eastmont District in Oakland.
The land is entitled for a 3 Story, senior housing development with 20 One Bedroom, Senior Units over a 2,500 Square Feet Commercial Space, a 736 Square Foot Community Space and 24 Parking Spaces. The total building area is just over 26,000 Square Feet. The lot area is 10,948 Square Feet. The entitlement work and architectural drawings have been completed; however, no building permits have been pulled with the city. The site’s entitlements are good until the end of the year and there is an optional year extension.
Arroyo Vista Senior Residences is ideally located on the one of the main transit arteries of East Oakland, Bancroft Avenue. Just 1.3 miles from Interstate 580 and just 2.5 miles from Interstate 880, drivers will find it very central to get to and from all major cities in the Bay Area. Arroyo Vista is just 1.5 miles from the Oakland Coliseum BART station giving tenants access to San Francisco, Berkeley, Downtown Oakland, Walnut Creek, Fremont and Pleasanton. For walkers and public transit users, the 40 and 641 AC Transit Bus lines, getting riders to both Downtown Oakland or to Hayward and Castro Valley, pick up directly in front of the subject site. In addition, just two blocks away is the pick up stop for AC Transit Bus Lines 73, 612, 638, 657 and 805.
Parks, Shopping and Recreation are also in close proximity to Arroyo Vista. The subject site is just 4 blocks from Eastmont Mall and Shopping Center and just one block from Arroyo Viejo Recreation Center. Mills College is just over a mile from Arroyo Vista and the Oakland Coliseum is a just a short bus ride away.

Reviewed On: 2011-07-13

Listing Price:		$4,300,000	Units:	42
Price/Unit:		$102,381	Price/SqFt:	$147
Cap Rate:		7.69%	GRM:	7.80

A Wheelhouse Listing!

The Wheel Deal: The Peppertree Apartments are a completely renovated, extremely well located, 42 Unit Apartment Community in the thriving Fruitvale Neighborhood of Oakland. The Peppertree is walking distance to Downtown Fruitvale offering shopping, restaurants and transportation.

The apartment community is comprised of three 14 Unit Apartment Buildings so no on-site manager is required. Each Building has 12 Two Bedroom Units, 1 Three Bedroom Unit and 1 One Bedroom Unit. Building and Apartment Renovations totaling almost $1,000,000 are listed in detail on page 6.

This offering is perfect for an investor who desires a building that requires very low maintenance and a CASH ON CASH RETURN OF OVER 10%!

Reviewed On: 2010-11-03

Listing Price:		$1,195,000	Units:	21
Price/Unit:		$56,905	Price/SqFt:	$141
Cap Rate:		%	GRM:

A Wheelhouse Listing!

The Wheel Deal: 2489 Martin Luther King Jr. Way is a 21-unit mixed-use development project that is ready for construction immediately. All entitlements, plans & permits are complete, and all this project needs is for someone to put a shovel in the dirt. The site has an excellent location near UC Berkeley, Alta Bates hospital, BART, downtown Berkeley, and numerous other amenities. The large unit mix of this project will ensure that the project appeals to working professionals, small families, and UC Berkeley undergraduate students.