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EAST LAKE JEWEL

SAMI MENESES

All materials and information received or derived from KW Commercial Oakland, its directors, officers, agents, advisors, affiliates, and/or any third party sources are provided without representation or warranty as to completeness, veracity or accuracy, condition of the property, compliance, or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither KW Commercial Oakland, its directors, officers, agents, advisors, or affiliates make any representation or warranty, express or implied, as to accuracy or completeness of any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial Oakland/KW Commercial East Bay will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercial Oakland makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial Oakland does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including those used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at, or increased to that level. Parties must evaluate any applicable contractual and governmental limitations, as well as market conditions, vacancy factors, and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by KW Commercial Oakland in compliance with all applicable fair housing and equal opportunity laws.

KW COMMERCIAL ADVANTAGE

This information has been secured we believe to be reliable, but we make no representations or warranties, expressed or implies, as to the accuracy of the information. Reference to square footage or age are approximate. Buyer must verify information and bears all risk for any inaccuracies. Any projections, opinion, assumptions or estimate used herein are for example purposes only and do not represent the current or future performance of the property. KW Commercial is a service mark of Keller Williams International Realty 2023 Keller Williams.

OUR FIRM

In Los Angeles, and across the country, KW Commercial is an industry leader due to the quality of our research and the depth and breadth of our team.

MARKETING PROCESS

This information has been secured we believe to be reliable, but we make no representations or warranties, expressed or implies, as to the accuracy of the information. Reference to square footage or age are approximate. Buyer must verify information and bears all risk for any inaccuracies. Any projections, opinion, assumptions or estimate used herein are for example purposes only and do not represent the current or future performance of the property. KW Commercial is a service mark of Keller Williams International Realty 2023 Keller Williams.

MARKETING

The underwriting and marketing process is broken into five phases:

PHASE 1 | ANALYSIS UNDERWRITING

This team provides unmatched underwriting support to every transaction. On top of our team members’ decades of underwriting experience, our proprietary shared database contains rent, occupancy and sale information that can be sorted and manipulated in a myriad of ways to empirically support values to investors, lenders and appraisers.

PHASE 2 | MARKETING CAMPAIGN DEVELOPMENT

Our marketing plan includes the development of electronic, as well as hard copy, marketing materials by professional graphic designers. The result is an appealing, highly polished collection of marketing collaterals that sets the stage for the offering.

PHASE 3 | PROSPECTING & MARKETING

After we create the needed materials to launch an omni-channel marketing campaign, we set the KW Commercial’s unique process in motivation with KW Commercial Portal in order to create a maximum exposure environment. This phase in the process includes:

• Listings exposed internally to more than 4,000 KW Commercial investment brokers around the country

• Launch initial blast through our proprietary database of over 80,000 active investors/developers.

• High volume e-mail blasts and/or mailed announcement flyer

• Answer questions and inquiries from prospective buyers and brokers

• Actively yet qualified investors and share access to a private virtual deal room

• Organize buyer site tours

• Solicit bona fide offer

PHASE 4 | STRATEGIC NEGOTIATIONS

• Our team focuses on a fair, discrete negotiation process that includes:

• Gauging offers with client

• Getting “best and final” letters sent out to the top prospective Buyers along with due diligence materials

• Obtaining best and final bids

• Organizing buyer interviews

• Selecting a Buyer

• Executing necessary agreements to contract sale

• Opening escrow upon delivery of purchase contract and Buyer’s deposit

PHASE 5 | CLEAN CLOSING PROCESS

This final step is heavily detailed and relies on the efficiency of our platform, initial due diligence and t track record. During the closing process, we will:

• Organize the Buyer’s due diligence, including assessment of the title and survey, zoning, physical inspection and market reviews

• Facilitate buyer’s conventional financing requirements

• Address any issues needed for closing

• Successfully close escrow and transition to new ownership

TIMELINE

Initial Offer Deadline

Assemble Marketing Material/ Pre-Marketing Discussion

Brokerage Selection

Due Diligence Expires

Select Buyer

Best & Final Offers

Marketing Launch

Due Diligence Begins Target Closing

MONTH 1

Buyer Interviews/ Qualification/ Negotations MONTH 4 MONTH 2 MONTH 5 MONTH 3 MONTH 6

Brokerage Selection

TIMELINE

Buyer Interviews/ Qualification/ Negotations

Assemble Marketing Material/ Pre-Marketing Discussion

Marketing Launch

Initial Offer Deadline

EAST LAKE JEWEL

OFFERING PRICE:

Price Per Unit:

Price Per Square Foot:

GRM:

Cap Rate:

All Cash 10-Year IRR:

Leveraged 10-Year IRR:

$123,000,000

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Bedrooms:

Bathrooms:

Total Rooms:

Construction Type:

Property Type:

Land Use:

Year Built:

Stories/Floors:

No. of Units:

No. of Buildings:

Living Area (SF):

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FINANCIAL ANALYSIS

123 ADDRESS, OAKLAND, CA

PRO FORMA INCOME & EXPENSES

ON-MARKET COMPARABLES

123 Address

Oakland, CA 123456

Address: 123 Address

Oakland

$4,250,000

$/Unit: $265,625 Sq Ft: 8,586

$/Sq Ft: $494.99

123 Address 123 Address

Oakland, CA 123456

Address

Oakland, CA 123456

Address

ON-MARKET COMPARABLES

123 Address

Oakland, CA 123456

Address: 123 Address

$4,250,000

16

$/Unit: $265,625 Sq Ft: 8,586

$/Sq Ft: $494.99

Rate: 6.27%

123 Address 123 Address

Oakland, CA 123456

Address

Oakland, CA 123456

Address

SOLD COMPARABLES

123 Address 123 Address 123 Address

Oakland, CA 123456 Oakland, CA 123456

Oakland, CA 123456 Address: 123 Address

Oakland

$4,250,000

$/Sq Ft: $494.99

SOLD COMPARABLES

123 Address 123 Address 123 Address

Oakland, CA 123456

Address: 123 Address

Oakland

$4,250,000

16

$/Unit: $265,625 Sq Ft: 8,586

$/Sq Ft: $494.99

Rate: 6.27%

Oakland, CA 123456

Address

Oakland, CA 123456

Address

PROPERTY PHOTOS

123 ADDRESS, OAKLAND, CA

LOCATION HIGHLIGHTS

123 ADDRESS, OAKLAND, CA

LOCATION OVERVIEW

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LOCATION HIGHLIGHTS

PROXIMITY TO EMPLOYMENT

• The property is approx. one and a half miles from The City of Oakland offices, the largest public employer

• The property is two and a half miles from Oakland’s largest private employer, Kaiser Permanente

• San Francisco’s financial district is a short 15-minute BART ride.

TRANSIT-ORIENTED NEIGHBORHOOD

• Lake Merritt BART Station is steps away

• I-880 & I-580 are less than a ½ mile while Hwy 24/I-980 is less than two miles away

• Many major AC transit bus lines can be found on Foothill Blvd, which is one of the cross-streets of the property, and International Blvd with Rapid Transit & Transbay buses is just a two blocks from the asset

AREA HIGHLIGHTS

MERRITT

Merritt is a neighborhood in Oakland, California with a population of 2,961. Merritt is in Alameda County and is one of the best places to live in California.

Living in Merritt offers residents a dense urban feel and most residents rent their homes. In Merritt there are a lot of bars, restaurants, coffee shops, and parks. Many young professionals and retirees live in Merritt.

AREA HIGHLIGHTS

OAKLAND

Oakland is a city in California with a population of 425,097. Oakland is in Alameda County. Living in Oakland offers residents an urban-suburban mix feel and most residents rent their homes. In Oakland, there are a lot of bars, restaurants, coffee shops, and parks. Many families and young professionals live in Oakland.

Cities for Outdoor

Diverse Places to Live in America of 228 of 228 of 228

AREA HIGHLIGHTS

Lakeside Park and Garden Center
Cathedral of Christ the Light Church
Oakland Zoo
Fox Theater Oakland
Redwood Regional Park

96

Bike Score

Biker’s Paradise

Daily errands can be accomplished on a bike.

93

Walk Score

Walker‘s Paradise

Daily errands do not require a car.

73 Transit Score

Excellent Transit Transit is convenient for most trips.

RESTAURANTS ATTRACTIONS

• Aburaya

• Battambang

• Chop Bar

• Dinner House

• Grand Lake Kitchen

• Hoppscotch

• Iron & Oak Restaurant

• La Guerrera’s

• McDonald’s

• Oakland Grill

• Parlour

• Philomena

• Quick Bite

• Senor Sisig

• Tay Ho

• Tijuana Restaurant

• Trap Kitchne

• Adventure Playgroun

• Alameda Naval Air Museum

• Cathedral Building

• Children‘s Fairyland

• Estuary Park

• Jack London‘s Cabin

• Kurt Emke

• Lake Merritt Boat Landing

• Middle Harbor Shoreline Park

• Mossword Park

• Oakland Sports Street Art Mural

• Pacific Pinball Museum

• Pardee Home Museum

• PIER 39

• Snow Park

• The Gardens at Lake Merritt

• The Museum of Art and Digital Entertainment

LOCAL AMENITIES

BANKS

• Envision Academy of Arts & Technology

• Hoover Elementary School

• KIPP Public Schools

• Northern California

• La Escuelita Elementary School

• Lafayette Elementary School

• Lincoln Elementary School

• Next Step Learning Center

• Oakland Freedom Schools

• Oakland Public School Village Academy

• Oakland Unifed School District

• Prescott School

• Ralph J. Bunche Academy

• St Paul‘s Episcopal School

• Street AcademyAlternative School

• West Oakland Middle School

• Willow Manor School

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