Fenix 424

San Leandro, CA

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INVEST

Number Of Units

80

Acquisition Price

$20,600,000

Acquisition Date

August 11th 2020

Hold Period
Project Level Projected IRR
Project Level Projected EM

Property Photos

Investment Highlights

Fenix 424 is an 80-unit multifamily property with oversized floorplans within walking distance of Downtown San Leandro. San Leandro is transit orientated city, located at the geographic center of the San Francisco Bay, with short BART commutes to Silicon Valley’s largest employers. Fenix 424 represents Trion’s 9th acquisition in the East Bay.

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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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