Thursday, August 25, 2011

San Jose Approved Short Sale Fourplex

One of best owner-occupied quality fourplex streets is available for sale as an approved short sale with Bank of America.  Offered at less than $200 per foot!  3 bedroom 2 bath owners unit delivered vacant.  The remaining three units are 2 bed, 1.5 bath.  This property will sell fast!  Actually it was in escrow the buyer's loan did not come through.  So, talk to us about this great deal and also about a great lender who can get the financing done.

Tuesday, August 9, 2011

Guardino Drive Fremont Condo Short Sale Coming Soon

Great investment or first time home buyer property near the Bart station in Fremont on Guardino Drive for Short Sale coming soon!  One bedroom, one bath unit, 693 square feet of living space, built in 1987, pricing should be in the $150,000 range - subject to bank short sale approval.  Very nice ground floor unit in a modern and well-located complex.  With interest rates at all time lows, this is a great opportunity to buy your own home or next investment property.  Call us to set up an appointment on this Fremont short sale.

Monday, August 8, 2011

Apartment Notes for Sale Los Angeles

We have direct access to over 10 apartment building notes that are for sale in Los Angeles County.  For more details, please contact me.  These are in various stages of distress - from temporary loan mods to final stages of BK.  Also, there are a variety of locations and sizes from 5 units to over 30 units.  Buying a Note from a bank does not in any way guarantee you that you will own the property.  But with the right strategy and flexibility in place, it can be a great investment.  Let us know if you want to sit down and review buying commercial or non-performing notes to buy.
Also check out out sites in LA: & for more deals.

Friday, August 5, 2011

Commercial Real Esate San Jose

The commercial real estate market in Silicon Valley / San Jose is healthy - in parts.  We at the MPIRES group are working with retail tenants looking for space, office users, landlords leasing commercial properties and investors looking to buy retail, office and multi-family properties.  Overall, the San Jose metro is far healthier than the rest of California or the nation.

In core retail areas with good demographics, retailers are looking to occupy spaces to engage with the household incomes that surround the buildings.  Office users such as the many high tech companies that built the valley are looking to take space for future or immediate expansions.  Companies that support or are off-shoots of the big players (Apple, HP, Cisco, etc) are also looking to take space near their suppliers and customers.

Residential rents are up for a variety of factors (the rash of foreclosures, lack of good first time home buyer financing and an influx of new hires into the area).  This makes valuations on apartment buildings not very attractive to investors.  But they are great cash flow vehicles for the existing landlords.  Though, there are some very good opportunities in single unit rentals up to 4plex properties.

The commercial real estate market in Silicon Valley / San Jose has had its movements over the last few years.  We are here to guide you in whatever goal you want to achieve.

Church Property for Sale San Jose

One of the most difficult properties to find in Silicon Valley is a facility that will have all the requirements for a church or place of assembly.  There currently are a couple properties that are available with the right parking, zoning, location and size to fit the needs of a congregation.
One property is 25,000+ square feet, with 4/1,000 parking ratio for $3.3M in San Jose.  These opportunities come once in a blue moon.  For more info, please contact us to tour this potential church property in San Jose.