Thursday, July 31, 2008

Duplex "Coming Soon" in Sunnyvale

We have a really nice 3 bedroom 2 bathroom owners units, and a 2 bedroom 1 bathroom rental unit coming very soon for $875,000. It's in a very nice neighborhood on a good street, with excellent Cupertino Schools surrounding as well as Fremont High School. For more information about this up coming listing please contact me Mario at 408-342-3155.

Stunning Santana Row Condo Listing

This stylish loft has a lot to feature, it's a 1 bedroom 1.5 bath totaling 1250 square feet. The living area features an open floor plan with granite kitchen, den/office area, large bedroom suite, and your own private 300 square feet patio. Custom interior painting and lighting has been done throughout loft as well. You can live in this upscale neighborhood today for $635,000, where there is tons of entertainment and excitement. This condo makes a great weekend getaway. To view this home please contact me

Tuscani Pointe

Tuscani Pointe is an opportunity for an investor to acquire a unique commercial real estate investment located in Phoenix, AZ. The property is located at 711 East Carefree Highway and consists of one, two-story , multi-tenant retail building totaling approximately 65,545 square feet. The property is currently leased to a total of 30 tenants on a NNN lease basis.

Price: $11,970,000/ $182.62 Price per square foot
Cap Rate: 8.79%
Land Area: 254,672 sq ft/ 5.846 acres
Year Built: 2004
Major Tenants: Roadrunner Pharmacy, Eaton Vet Labs, Ray's Pizza, Arizona Cosmetic Surgery, Smile Creations, Dentistry, North Valley Magazine
Occupancy: 91%
Parking: 251 total parking spaces

For more information please contact me

Financial Title - messy situation

Financial Title shuttered its doors yesterday morning. Unfortunately for some buyers and sellers, there were escrows that were pending to close that day and in the next few days. We are helping with one right now that funded yesterday - into a black hole may I add. The accounting department could not be reached by phone, so no word on whether the wire reached, was rejected, or what. The situation was also worsened by the fact that today is the last day of the month - typically an accounting nightmare for escrow companies normally - and bank commitment letters tend to expire at the end of the month too. Many of the families that planned to move in or out this weekend will have to scramble because these transactions will be in limbo for a few days - if they're lucky. It's a mess and I wish those families the best in this situation.