Korben Kirscht Korben Kirscht

Bay Area - CO LIVING, SOBER LIVING, &MID TERM OPERATORS

CALLING ALL CO LIVING, SOBER LIVING, & MID TERM OPERATORS in the Bay Area. I have a newly renovated opportunity 6bd3 ba 3400 sq ft can easily add another 2bd/1 ba on middle and upper level. Bonus downstairs unit is also livable which can add another 2 bd. Up to 10 bedrooms total with simple renovation.

Is a 3 level property with possibility to build another 6 units up to 3 stories high on Adjacent lot in Alameda County. Home can be bought seperate of lot or as a package deal. I am Direct with seller in which we have developed a great relationship. He himself has even said “We can get real Creative with it” lol.

UPDATED TERMS

***For just the purchase of Home***

-PURCHASE PRICE $1.1 M

seller is willing to

-subto current loan $500 k that is FIXED 30 yr 5.5% blended interest rate.

There is some flexibility on his equity portion

-$200 K down on seller finance portion including my fee.

-There is a HML of $135 k that must be paid upon transfer of the Deed.

-Total Entry is $335 k + Closing Costs

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