Metro 77 & 85

San Leandro, CA

 

VIEW MULTIFAMILY FUND IV

Number Of Units

146

Acquisition Price

$36,600,000

Sold Price

$52,875,000

Hold Period

59

Project Level IRR

23.50

Project Level EM

1.76

Property Photos

Investment Highlights

146-unit apartment community in the rapidly growing East Bay. The property is within walking distance to the San Leandro BART station and its close proximity to Highways 880 and 580 provide convenient access to employers in Oakland, San Francisco, Fremont, Tri-Valley and Silicon Valley. Trion plans to reposition this 1960s vintage asset through new signage, modern paint schemes, upgraded pool, gym, leasing offices and hallways, and modernizing the interiors of the units.

HubSpot Contact Form
An accredited investor must meet one of the following: 1) An annual income of at least $200,000, or $300,000 when combined with spouse’s income; 2) Holds a valid Series 7, 65, or 82 license; 3) Has a net worth of >$1 million, excluding value of a primary residence.


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