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San Bernardino Apartment Broker

Purchase Price $1,485,000
Investment: 12 single family homes
Average Price Per Home: $123,750
Occupancy: Each home is rented. Great CASHFLOW
Financing: Seller financing available.
Down Payment: $445,500
Return: 13.47% Cash on Cash Return

Single Family Homes are spread through out the city of San Bernardino within close proximity to the 215 and 210 Freeways.

by Michael Duhs of East West Commercial Real Estate; Inland Empire Commercial Real Estate for Sale, Inland Empire Commercial Real Estate for Sale, Commercial Real Estate Broker
For more information, contact Michael Duhs at (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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Overall improvement in the private-sector job market and the tenuous single-family housing market will continue to prop up the southern California apartment sector through the year. Increased hiring in the professional and business services sector has supported stronger household formation growth. Gen Y will begin to move out of the nest as they become comfortable with the economic environment and feel secure with their job. This will contribute to household formation especially in the professional areas of Orange County, San Diego and Los Angeles. In Los Angeles, the number of households expanded 1.3 percent this last year, marking one of the highest rates since the late nineties. With single-family home prices on a steady decline since the fourth quarter of 2010, most of the new households will reside in multifamily properties. The growing trend to watch are the Baby Boomers beginning to shift toward retirement living from single family homes. This may bode well for some multi-family properties, but the majority of the growth will come in the senior living sector.

 

Low interest rates and strong buyer interest will motivate apartment owners to list assets in 2012, especially those who missed the strong run-up during the 2003-2007 period. This trend has already taken hold and there is a surge of 1031 exchange transactions occurring. Beach communities, as well as prime neighborhoods along the 405 and 5 corridors can offer investors returns anywhere in the high-4 to low-5 percent range. Value-add plays in more tertiary markets of the Inland Empire, north Orange County, portions of Los Angeles, and along the inland 78 corridor of San Diego and East County yield in the high-6 to low-7 percent area, depending on deferred maintenance. The hardest hit areas of the Inland Empire still maintain yields in the mid 7 to 9 percent range, due to the lingering unemployment rate and the single family housing inventory.

 

Operators will still find it difficult in some of the tertiary markets to fill units and raise rents above the rents of repositioned homes and the shadow inventory that still exists especially in portions of Inland Empire, Los Angeles county and north Orange County. Meanwhile, individuals who work in Los Angeles or Orange County are flocking to areas such as Corona, Ontario, Fontana, Chino and Corona in order to cut commutes but maintain affordable rents. The Riverside-San Bernardino market will continue to see increased activity as value-add investors and prudent buyers continue to snap up REO and distressed properties.

 

In San Diego the apartment market’s supply and demand ratio is leaning heavily toward the demand side of the equation, which is allowing owners to reduce concessions and raise rents. Effective rents will reach an all-time high in 2012 and the vacancy rate is still compressing toward 4-5% for well positioned properties in attractive markets and higher cap rates in the mid 6 to mid 7 percent range in East County and inland. These areas will attract new construction, so the risk is offset by higher yields. All in all, the investor pool exceeds the supply of for-sale properties, creating a competitive buying environment. More properties may come to market as investors see this as a good time to attract high prices for their properties.

 

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Brian Jacks, our Vice President and Regional Director at East West Commercial Real Estate, was recently featured in the Sacramento Business Journal on Friday, June 15th 2012,   where he comments on the multi family real estate industry. Mr. Jacks further explains how apartment complexes are drawing investors from the stock market and other real estate sectors.  Click Here for complete article.

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East West Commercial Real Estate is pleased to announce Augie Chavez as its new Inland Empire, California commercial real estate associate. Specializing in the sale and lease of industrial space for lease and industrial buildings for sale in the Inland Empire and being a licensed salesperson with the State of California, Augie will be a tremendous asset to the East West Commercial Real Estate team.

With over twenty years of experience in real estate, logistics, and construction, Augie brings a diverse and unique set of talents and skills to the commercial real estate arena which only serves to benefit clients in regards to how their assets are marketed and serviced.

As a contractor, he marketed to and worked with developers, architects, and general contractors on commercial, entry-level and semi-custom tract homes, multi-residential, and large scale development projects such as Butterfield Ranch in Chino Hills, CA. His impressive real estate experience includes working with distressed properties and the sales and marketing of several multi-million dollar communities, some of which included an affordable housing component with diverse financing options.

Augie also has a proven track record in the logistics field. As a warehouse/operations manager for a large importer, he turned around a faltering distribution system consisting of multiple warehouses shipping to thousands of dealers throughout the US. With a BA in Transportation and Logistics Management from American Public/Military University, his expertise extends beyond his hands-on experience with the unique ability to look at how logistics influences all functions of an organization and understands how strategic placement of points of distribution impacts the flow and efficiency of their supply chain network. Augie offers this level of service and experience to those seeking industrial property for lease in the inland empire as well as industrial property for sale in the inland empire.

Augie Chavez is an Inland Empire, California commercial real estate associate and salesperson specializing in lease and investment transactions for industrial properties.  Mr. Chavez oversees industrial properties for sale and industrial space for lease in Chino, Ontario, San Bernardino, and Riverside for East West Commercial Real Estate.

Augie Chavez is part of the firm East West Commercial Real Estate, a full service commercial real estate services company with offices throughout Arizona, California, Nevada, and New Mexico including, Phoenix, Tucson,  Los Angeles, San Francisco, San Diego, San Jose, Orange County, Inland Empire (Riverside and San Bernardino), San Jose, Sacramento, Oakland, Walnut Creek, Las Vegas, Reno, and Albuquerque. East West Commercial Real Estate provides brokerage and asset management services for retail, shopping centers, office, industrial, apartments, medical office, self-storage, senior housing, and hospitality. For more information, contact Augie Chavez at (909) 732-9423 or Augie.Chavez@EastWestCommercial.com or http://www.eastwestcommercial.com.

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Commercial Real Estate Broker or Salesperson – Position / Job Opening in Inland Empire

Locations of our Offices:  Orange County, Los Angeles, San Diego, Riverside, San Bernardino, Inland Empire, Sacramento, San Francisco, Oakland, San Jose, Walnut Creek, Phoenix, Tucson, Las Vegas, Reno, Denver, Dallas, Houston.

EAST WEST Commercial Real Estate and EAST WEST Capital Advisors is seeking licensed real estate brokers or salespersons for the above markets. This 1099 contractor role offers unlimited upside potential for a uniquely motivated candidate with the drive to create and operate his/her own business. Sales commission split is dependent on experience.

 

Telephone interviews will be scheduled for the coming week, followed by select in-person interviews. Please submit resume via e-mail with experience, qualifications and career objective.

EAST WEST COMMERCIAL REAL ESTATE – BROKERAGE SERVICES

Represent buyers and sellers for the purchase and sale of commercial real estate investment properties (apartments, retail, office, industrial, manufactured home communities, senior housing, self-storage, mixed-use, special purpose).
Represent tenants and landlords for the lease of commercial space.
Commercial Broker Opinions of Value (BOV’s) / Commercial Broker Price Opinions (BPOs)
1031 exchanges, short sales, investment consultation, financial analysis, market research

EAST WEST CAPITAL ADVISORS — MORTGAGE BANKING SERVICES

Debt placement, private equity, SBA Loans (small business)
JV Structures and Structured Financing, access to capital markets
Valuations: Commercial Broker Price Opinion BPO’s

MINIMUM REQUIREMENTS

Bachelor’s degree (4-year college or equivalent)
Licensed real estate broker or salesperson (active and in good standing)
Thorough understanding of commercial real estate fundamentals
Demonstrated strong sales performance and experience
Excellent communication skills and attention to detail
Proficiency with Microsoft Office programs (specifically Excel) and Internet tools
Ability to manage multiple priorities, demonstrate flexibility, prioritize clients needs and objectives, and meet deadlines without exception
Familiar with the market area

ATTRIBUTES OF A SUCCESSFUL CANDIDATE

The successful candidate will exhibit the following characteristics: honesty, integrity, self-motivation, diligence, tenacity, and entrepreneurial leadership. This candidate will also have proven to be adept at contract negotiations, prospecting, market research, deal making, and transaction management.

ABOUT THE COMPANY

EAST WEST Commercial Real Estate and EAST WEST Capital Advisors is headquartered in Orange County, CA. Founding principal, Michael Duhs, is a seasoned commercial real estate veteran of 27 years who manages the Southern California offices. Brian Jacks, a former commercial real estate banking executive of 20 years, heads up the Northern California operations with an office in Sacramento. Vince Spark spearheads our Arizona, Nevada and New Mexico region, bringing with him extensive brokerage, construction and development experience. Read more:

http://www.eastwestcommercial.com/about/executive-team/

 

Send your Resume to:

Michael.Duhs@EastWestCommercial.com
VISIT OUR WEBSITES

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com

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Downtown Riverside Apartment building for sale. 7 unit building with a single family home in the front of the property and multi-family units in the back. Great investment opportunity! Motivated seller! BPO / BOV.

 

Contact Information:

Michael Duhs- Managing Broker

Direct (949) 939-8352

30262 Crown Valley Parkway, Suite B518
Laguna Niguel, CA 92677

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Motivated Seller BOV / BPO

Located in Beamont – Riverside County. 12 Unit multi-family building for sale. Mostly 2 BD / 1 BA. Great investment opportunity. Well maintained building; good neighborhood.

 

Contact Information:

Michael Duhs- Managing Broker

Direct (949) 939-8352

30262 Crown Valley Parkway, Suite B518
Laguna Niguel, CA 92677

Twitter Facebook | LinkedIn | YouTube

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Sacramento, CA – As one of the hardest hit regions in the country, due the housing meltdown, Sacramento area apartment owners have been welcoming displaced homeowners in droves.  Apartment communities have long been the safest commercial real estate investment class, since people always need a place to live no matter how bad the economy…. but consider this next fact for even more emphasis.  As of 3Q11, Sacramento metro vacancies were reported at 12.4% (retail), 12.9% (industrial), and 19.8% (office).  On the other hand, Sacramento metro apartments were reported at only 5.4% vacancy during the same period… after falling from 7.1% a year prior (3Q10).  Plus, due to the compressing vacancy rates, apartment owners have been able to increase rents an average of 2.2% over the past year.  With all this positive news, which asset class would you prefer to own right now?

On top of all this great news, would you believe the median price of apartment properties in the Sacramento metro area has decreased by 22% over the past 12 months?  This is directly attributed to the surge of distressed REO apartments flooding the market by struggling banks trying to unload non-performing assets.  Increased availability of apartment properties has pushed cap rates up to the mid-7% range for apartments totaling less than 50 units in high-density neighborhoods.  Higher quality apartments with units in suburban communities totaling more than 50 units are selling in the range of 6% cap rates, while lower quality apartments in less densely populated areas can sell for as high as 8.5% cap rates or more.The availability of Sacramento apartment financing has improved dramatically, as indicated by a 40% increase in new apartment loans funded during the 2nd and 3rd quarters of 2011 (as compared to the prior period).  This improved accessibility of apartment mortgage capital has been encouraged by higher occupancy levels and strong rent growth, resulting in origination gains by nearly all lending sources.Bottom line… it’s a great time to become an investor in Sacramento apartments or add to your holdings.  Immediate cash flow, plus the opportunity for real property appreciation once the market fully improves.  Don’t delay.  Buy apartments for sale in Sacramento right now!

Article contributed by Brian Jacks http://www.linkedin.com/in/bjacks, Vice President & Regional Director of East West Commercial Real Estate.  Brian specializes in representing buyers and sellers for the sale of apartments throughout the greater Sacramento area.

Data Source: Marcus & Millichap 3Q11 market update http://www.marcusmillichap.com/research/reports/Apartmen … (except retail and industrial vacancy figures from CBRE 3Q11 market report)

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East West Commercial Real Estate (Sacramento)services investors who buy and sell commercial real estate properties. Clients utilize our unique relationships and depth of market knowledge to purchase assets in this opportunistic environment.Our Focused ApproachWe focus on what we do best – bringing or identifying well priced quality assets to the market and closing deals. East West Commercial Real Estate (Sacramento) expends a great amount of effort and resources toward research, our brokerage services systems, property acquisition, financial and investment analysis, and client relations.

Asset Management / REO Brokerage Services

For more than two decades we have provided extraordinary service to assist our clients in disposing of and purchasing real estate assets in the California marketplace. East West Commercial Real Estate specializes in assisting lenders sell their special assets / ORE across multiple asset classes: apartments, retail, office and industrial.

 

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