Wednesday, November 2, 2011

1 yr old, 8 units condo in Marin County, San Francisco Bay Area

It's very rare to see this kind of the new builds in San Francisco bay area. See the summary below. The builder finished the project in Aug 2010 but couldn't sell the units before it was taken back by the bank. 

The estimated value could be $2.5M to $2.8M but might be bought for $2M+. At the market peak around 2007, it could worth around $3.8M.

Now, you can get rental income with 100% occupancy while wait for market to come back. 

If you or your fellow investors may be interested in this deal or this kind of deals, please let me know so I can provide more details or similar opportunities in the future.

Thanks, 


Josh Chen
Good Shepherd Value Investment and Asset Management



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