Sage Property Solutions

Sage Property Solutions

Sage Property Solutions is dedicated to development of successful real estate investments. Since 1998, we have achieved annualized returns in excess of investor expectations through the following programs:

Strategic Purchase

Beginning in the late 1990s, we have facilitated the purchase and improvement of classic apartment properties in Berkeley and Oakland. Each one has had multiple incremental upside revenue opportunities, including underutilization of available renter pool, steadily improving neighborhoods in a major metropolitan area (Berkeley/Oakland, California) with strong, diverse economy, multiple job, shopping, and entertainment resources within two miles, and significant room for improvement of marketing, cosmetic detailing, and strategic improvements to amenities such as storage, wash/dry, hardwood flooring, and attractive painting.

Cosmetic Improvements

We detail our units and hallways with new paint, refinished or new hardwood flooring, upgraded appliances, even removing or adding doors to modify the use and flow patterns within a unit, to allow for increased rental rates and higher occupancy.

Property Management

Efficient management of all our properties has led to happy tenants, well-maintained structures, low vacancies, and full market level rents

Leasing Services

We provide leasing services for all of our own properties plus those of other owners. Our marketing to potential renters and our attention to detail during the leasing process set a high standard that brings the best qualified renters at full market price and initiates the renter/owner relationship on the most positive footing.

Capitalization

All capital invested into our properties is considered working capital. To achieve the best possible returns, we periodically refinance and withdraw capital from our properties so that it is freed up for investment elsewhere. This policy, applied in the context of the added value strategies described above, has dramatically increased the return on capital remaining in our apartments and dramatically increased the relative liquidity of our investments.

Sale

Of course, the final capitalization of real estate is sale. When we have determined that we have added most of the value we can to a property, we have put it up for sale. To date, this has resulted in full return of investment plus significant additional return, even after prior refinancing.

Kent Mitchell
Sage Property Solutions

Subscribe to Berkeley Investors Group

Email:

Visit this group