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Updated over 9 years ago on .

Real Estate Investment Opportunity - Oakland, CA
Seeking investor(s) for an investment amount of $500K for an Equity Share position on the below listed property:
550 Fairmont Ave
Oakland, CA.
Below are the variables to the transaction:
- Fair Market Value: $2.3 million
- First Position Acquisition and Rehab Loan: $1.8 million @ 65% LTV
- $1.8 Loan covers purchase, partial renovation, tenant buyout funds to increase rents for new tenants
- $500K needed for renovations
- 65% Equity Share opportunity
- Investment Term: 3-5 years
- Minimum Investment of $50K
- Self-Directed IRA funds are welcomed
Please contact me for more information and details
Offering