East Bay Portfolio - Parc 88 & DYLN_Property for Sale
East Bay Portfolio - Parc 88 & DYLN_Property for Sale

East Bay Portfolio - Parc 88 & DYLN

Various locations

Portfolio description

Jones Lang LaSalle Americas, Inc. "JLL", as exclusive advisor, is pleased to present the opportunity to acquire a two-asset, 173-unit East Bay Portfolio (the "Portfolio"). Both DYLN (an 85 unit asset in Newark) and Parc 88 (an 88 unit asset in Fremont) are conveniently located near major highways, Fremont BART station, and CA-84, providing easy access to Silicon Valley and San Francisco. The Portfolio provides potential investors a unique opportunity to acquire two assets that can both be managed from one location, with the properties located only 6 miles away from one another. However, the assets are available for sale both as a Portfolio and as individual assets.

 

The portfolio consists of one (19), two (132), and three (22) bedroom units, with 146 units having been renovated by current ownership. Potential investors will have the opportunity to implement their own renovation program to further accommodate the families and commuters hoping to live in one of the most renter-friendly submarkets in the Bay Area.

 

Newark and Fremont offer a balance between suburban tranquility and proximity to urban amenities. Both communities boast diverse tenant bases, strong education systems, and low crime rates, ensuring a high quality of life for families and individuals alike. Combined with the areas year-round Mediterranean climate and outdoor opportunities, the region provides a balanced lifestyle for residents seeking comfort, convenience, and connectivity to the Bay Area.

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Attributes

Units
173
Investment strategy
Value Add
East Bay Portfolio - Parc 88 & DYLN (2 Properties)
East Bay Portfolio - Parc 88 & DYLN (2 Properties)

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Investment highlights

  • IDEALLY-SIZED, BOUTIQUE ASSETS IN PREMIER EAST BAY LOCATION
  • TRANSIT-FREINDLY LOCATION; LOCATED NEAR THE CA-84 AND I-880 WITH DIRECT ACCESS TO SAN FRANCISCO PENINSULA AND BROADER BAY AREA
  • SIGNIFICANT VALUE-ADD OPPORTUNITY THROUGH INTERIOR RENOVATIONS
  • COMPELLING AFFORDABILITY IN PRIME BAY AREA MARKET
  • PROXIMATE TO VARIOUS BAY AREA TECH MARKETS 
East Bay Portfolio - Parc 88 & DYLN 4_Property for Sale
East Bay Portfolio - Parc 88 & DYLN 4_Property for Sale

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Last updated
Feb 19, 2025