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East Bay Portfolio

348 Estabrook - Bundle Preview
348 Estabrook
Cinnamon Apartments

348 Estabrook

38-unit apartment building featuring spacious one-, two- and three-bedroom apartment homes with private balcony. The property is within walking distance of the City of San Leandro BART Station and downtown San Leandro. We have completed renovations on high-end interior finishes and common area improvements.

Cinnamon Apartments

30-unit apartment building located walking distance from downtown Hayward. This property is strategically situated between the Dumbarton and the San Mateo bridges with easy access to Silicon Valley. The property will undergo a full exterior renovation which includes fresh paint and landscaping as well as extensive interior upgrades to each unit, including new vinyl wood plank flooring, modern cabinetry, and high-end finishes.

348 Estabrook

  • No. of Units 38
  • Acquisition Date January 4, 2016
  • Acquisition Price $7,200,000
  • Total Capitalization $8,575,000

Cinnamon Apartments

  • No. of Units 30
  • Acquisition Date December 2015
  • Acquisition Price $6,650,000