1031 Exchange + Cash / Debt Free Investment Opportunity
2805 park boulevard investment opportunity
Co-Sponsorship or Joint Venture Partnership opportunity in a 20-Unit Condo Project in Oakland, Calif
Cogent Bay Realty Inc. has an opportunity for a co-sponsorship or joint venture partnership in a 20-unit condominium development in Oakland, California.
The company is seeking strategic partners to provide equity for this new construction project, strengthening the financial profile and unlocking optimal financing terms. The project is well-positioned in a strong market, supported by a solid development plan and an experienced team. We would welcome the opportunity to explore potential collaboration and alignment to achieve a successful outcome.
Cogent Bay Realty Inc., (“COGENT BAY REALTY INC.”, “Cogent Bay Realty Inc”, “the Company”, “The Firm”, “The Real Estate Fund” or “The Real Estate Investment Trust”) is offering equity participations in the form of “Class A Membership Units” or “Shares”[1]only to a limited number of investors who meet certain qualifications necessary for the offer and sale of the Units to be exempt from registration under state and federal securities laws. The term “Management” et al, shall mean the Management Company and or Cogent Bay Realty Inc.
Only 35 Investors and an unlimited amount of those who meet the Accreditation Requirements, as set forth under the Securities Act of 1933 Sub-Section 4(2), Regulation D, 506, and 4(6) the “Accredited Investor Exemption” are authorized to receive and participate in this offering.
The $9,000,000.00 in this 1st Round of Financing as sought through this securities offering is to be used as initial and general working capital as necessary to execute the business plans contained herein. A complete “Sources and Uses Statement” is located on page 6.
- Nine Million (9,000,000) Class A Membership Units are hereby made available.
- The securities are offered at a per unit price of $10.00.
- The minimum purchase amount is 20,000 Units for an aggregate dollar amount of $200,000 and thereafter in increments of 1,000 Units for $10,000.
Our venture is structured as an all cash Real Estate Investment Trust (REIT). Interested? Please contact us.
Matt Broberg | Cell 415.521.9786 | Email: mdbroberg@mac.com
David Sowels | Cell 707.649.0221 | Email: dsowels.3nrealty@gmail.com
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[1] Hereafter, the term “share(s)” may be used interchangeably with the term “units” with reference to a unit participation in the terms of this offering.
presenting 2805 park boulevard investment opportunity
Located in the heart of the historic Cleveland District in Oakland, California, this project has great proximity to Oakland landmarks, and easy access to San Francisco by bus, train (BART), or car. 2805 Park is designed to reinvigorate the neighborhood to compliment the community’s character and as a nod to the glory days of the LA Courtyard Style buildings from the 1920’s that influenced much of the neighborhood’s architectural gems. Designed with strong angles, offset terraced balconies like a hacienda to provide a feeling of individuality in the architecture. This project will feature luxurious and artistic design for those looking for a home with that special Sevilla ambiance and unique styling. 2805 Park offers modern amenities with upgraded countertops, appliances, in-unit washer & dryer, private work from home space, and sizable balconies. Early buyers also have the option to contribute to the interior finishes of their home with unique upgrade choices at buyers’ expense.
BUILDING FEATURES
ZONING & USE
GREEN AMENITIES
GREEN AMENITIES
This Class A building sitting on 0.33 acres is zoned RU-2, URBAN RESIDENTIAL by the City of Oakland. The lot size is 14,403 sq ft with 17,691 sq ft of living space and 1500 sq ft of retail space and consists of one (1) building, five (5) floors of condominiums and a ground floor of commercial space for special build outs.
GREEN AMENITIES
GREEN AMENITIES
GREEN AMENITIES
This project will feature outdoor recreation and garden areas, drought tolerant landscaping and private balconies.
FACILITY AMENITIES
Together with a convenient elevator, this property will have energy efficient heating systems, energy efficient appliances, lighting and energy conserving roofing and windows throughout.
PARKING
Features a basement level state-of-the-art parking garage system with electric charging stations, built on a concrete foundation.