Parc 88

Fremont, CA




Number Of Units


Acquisition Price


Acquisition Date

September 19, 2017

Hold Period
Project Level Projected IRR
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Property Photos

Investment Highlights

This 88-unit garden style multifamily asset consists of two and three-bedroom townhome style units, located amongst 15 buildings situated along 4.65 acres of land. The property is minutes away from Tesla, Fremont’s largest employer which plans to add 3,100 jobs in their future 4.6 million square foot facility. The property had been under the same ownership for over 40 years with minimal capital improvements in recent years creating an opportunity for a heavy value-add reposition of the asset both physically and operationally in a submarket with some of the best supply and demand fundamentals on the west coast. Fremont’s strong economic drivers, low vacancy levels and rapidly growing rental demand coupled with the value-add business plan make this an ideal long-term investment.

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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.


Parc 88 on Map