Davide Pio | License #01522969 | BCRE License #01430309
2801 Pinole Valley Rd #210 Pinole, CA 94564
Cell: 510.815.2000
Office: 510.222.0900

This property represents an opportunity to acquire an asset located in Oakland, California with a loss to lease of over 43%. The investor(s) will be able to take advantage of shrinking that to under 20% or even less if one or more tenants agree to a lease buy out.

Three (3) units are Section 8 (government subsidized) and will have their rents brought to market with a 90-day notice. The remaining three (3) units have not had rental increases 2-7 years and those “banked” rent increases can be brought to a higher rent as well.

Representation – Buyer / Syndication

Davide Pio