DYLN Apartments

Newark, CA

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INVEST

Number Of Units

84

Acquisition Price

$27,500,000

Acquisition Date

November 14th 2019

Hold Period
Project Level Projected IRR
Project Level Projected EM

Property Photos

Investment Highlights

The DYLN Apartments features a mixture of one-, two- and three- bedroom units all with private patios or balconies and walk-in closets. Existing features of the property include a swimming pool, laundry facilities, and low-density, lushly landscaped property that will receive an upscale renovation. The Property is strategically situated between Oakland and San Jose with direct short commutes across the Dumbarton to Palo Alto, Mountain View, Menlo Park and the Peninsula. Newark and Fremont have emerged as one of the fastest growing places for businesses to expand or relocate.

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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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