Presidio Development Partners, LLC.
A Real Estate Investment and Development Company

Parkpoint Business Center

Santa Rosa, California
Project Description 70,000 square foot suburban office park comprised of 5 single-story buildings. Great location near downtown and freeways.
Challenge Underwrite and purchase this REO property from special servicer, perform site and building renovations, update image, lease vacant office space, sell individual buildings.
Results Currently in process of executing business plan.
Details Purchase Date: December 2010. Current Status: In process.
Total Value $7 million.