•  Rare Opportunity to Acquire a Leasehold Interest in 205 Units, 207 Boat Slips, and 11 End Ties in Los Angeles’ most coveted coastal community of Marina Del Rey
  
• True Reposition Opportunity via pending Reposition Plan with over 30% projected rental upside (In-Place Rents of $2.10/sq. ft. vs. Pro-Forma Rents of $2.94/sq. ft.)
  
• Fully negotiated ground lease extension (4+ year process) through 2051 with attractive terms compared to competing properties
  
• Renovation/Reposition project that delivers attractive yield to cost that exceeds that of other Core Asset acquisition opportunities in Los Angeles
  
• Premier coastal living with myriad of entertainment, shopping, dining, and recreation options

Bay Club Apartments & Marina presents the rare opportunity to acquire a 205 unit, 207 boat slips and 11 end ties asset in the exclusive community of Marina Del Rey. With a 30 year ground lease extension thru 2051 already executed, and renovation plans ready to be implemented, this project offers an investor an entry into one of the most treasured markets in all of Los Angeles County with a built in Value-Add program that will take this asset to its true core potential.