Concord Portfolio

Investment Overview

Newmark Multifamily Capital Markets is pleased to bring to market the Park Virginia Apartments and Bonifacio East apartments an 86 unit value add portfolio located in Concord, CA. Park Virginia is a 64 unit complex built in 1972 and Bonifacio East is a 22 unit complex built in 1969. Both offer the a strong opportunity to complete interior and exterior renovations with a strong potential rental premium. Both properties feature larger units with Park Virginia having all two bedrooms and Bonifacio East having a mix of one and two bedroom units with larger floor plans. Site amenities at Park Virginia feature a pool, on site laundry rooms, and covered parking. Site amenities at Bonifacio East include a laundry room, open courtyard, and underground parking.

Investment Highlights

• - Combined 67,688 SF across two properties
• - 86 units total
• - Opportunity for value-add improvements