The Mogharebi Group | Multifamily Investment Advisory

Portfolio Summary

Price	Call for Details
Units	297
Year Built	1964
Rentable SF	202,756

Investment Highlights

2 Properties Totaling 297 Units
Value Add Opportunity with Immediate Rental Upside
Attractive 3.4% In-Place Financing for Elements 1600
15 Eightplexes on Individual Parcels for Elements 1600
Diverse Unit Mixes
Attractive Rent vs Buy
Commutable to Over 1.8 Million Jobs
Minutes From Travis Airforce Base with 14,000+ Jobs

Portfolio Description

THE MOGHAREBI GROUP is pleased to present the opportunity to acquire a two-property portfolio totaling 297 units in the city of Fairfield, CA. The 177-unit Delta Court is built in 1955-1966 and comprised of one common area building and 10, two-story residential buildings that house a diverse unit mix of studio, one-, and two-bedroom floorplans ranging from 250 to 875 square feet as well as one single-family home. The 120-unit Elements @1600 is built in 1964 and comprised of 15, two-story eightplex buildings that house a unit mix consisting primarily of two-bedroom / one-bathroom floorplans ranging from 800 to 875 square feet. Both properties represent value-add opportunities with immediate rental upside.

Fairfield, CA

With locations in the burgeoning commuter city of Fairfield, both properties enjoy easy access to the I-80 Freeway, which connects residents to the education, retail, entertainment, dining, and employment centers found throughout the North Bay region as well as the entire San Francisco metro area. Additionally, Travis Air Force Base with 14,000+ jobs is also within minutes of both properties.