912 MINAKER DR...The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it

Offering Memorandum

912 MINAKER DR

ANTIOCH, CA 94509

Exclusively Listed By:

Jon A. HolmquistSenior Managing Director Investments

Senior Director, National Multi Housing Group

(415) 625-2117

License: CA: 01257479

[email protected]

N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E

Confidentiality and DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and

should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified

information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due

diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the

future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or

asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any

tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be

reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these

matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to

verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or

name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product,

service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.

PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

912 MINAKER DR

Antioch, CA

ACT ID Z0020572

2

TABLE OF CONTENTS

SECTION

INVESTMENT OVERVIEW 01Offering Summary

Regional Map

Local Map

Aerial Photo

FINANCIAL ANALYSIS 02

Rent Roll Summary

Rent Roll Detail

Operating Statement

Notes

Pricing Detail

Acquisition Financing

MARKET COMPARABLES 03

Sales Comparables

Rent Comparables

MARKET OVERVIEW 04

Market Analysis

Demographic Analysis

912 MINAKER DR

3

912 MINAKER DR

4

INVESTMENT

OVERVIEW

912 MINAKER DR

#

EXECUTIVE SUMMARY

OFFERING SUMMARY

MAJOR EMPLOYERS

EMPLOYER # OF EMPLOYEES

Diamond Ridge Healthcare Ctr 2,973

Sutter Health 916

Walmart 600

Qg Printing II Corp 519

Travis Credit Union 500

Los Medanos College 400

Department of Public Works 350

Target 350

Montrose Envmtl Group Inc 322

Home Depot The 300

Lowes 300

Antioch Unified School Dst 289

DEMOGRAPHICS

1-Miles 3-Miles 5-Miles

2018 Estimate Pop 10,908 72,619 158,549

2010 Census Pop 10,204 67,470 145,117

2018 Estimate HH 3,777 24,107 50,050

2010 Census HH 3,505 22,300 45,733

Median HH Income $53,249 $65,676 $74,092

Per Capita Income $26,614 $29,509 $30,613

Average HH Income $75,708 $88,525 $96,665

UNIT MIX

NUMBEROF UNITS

UNIT TYPEAPPROX.SQUARE FEET

2 Two Bedroom 1,116

2 Total 2,232

VITAL DATA

Price $635,000 CURRENT YEAR 1

Down Payment 30% / $190,500 CAP Rate 5.19% 5.49%

Loan Amount $444,500 GRM 13.94 13.30

Loan Type Proposed NewNet Operating Income

$32,950 $34,874

Interest Rate / Amortization 3.25% / 30 YearsNet Cash Flow After Debt Service

5.11% / $9,736 6.12% / $11,660

Price/Unit $317,500 Total Return 9.78% / $18,635 10.295% / $20,853

Price/SF $284.50

Number of Units 2

Rentable Square Feet 2,232

Year Built 1970

Lot Size 0.12 acre(s)

5

912 MINAKER DR

OFFERING SUMMARY

▪ New exterior paint, recoated roof, and attractive landscaping.

▪ Individual in-unit laundry washer and dryer.

▪ New luxury vinyl plank flooring, renovated cabinets, countertops, and fixtures

throughout.

▪ Many newer appliances.

▪ Patio access with off-street parking and ample storage.

INVESTMENT HIGHLIGHTS

This is an offering of an extremely well kept, fully occupied, and highly renovated duplex, located at 912 Minaker Drive, Antioch, CA. The property is in a quiet, primarily

residential neighborhood, just a few minute drive from the new Antioch BART station. The property was recently painted, and features attractive, low maintenance

landscaping. The roof was recoated in 2019 such that the offering should allow for a relatively hassle-free ownership for a new buyer. Each unit has its own separate front and

rear entrance, with backyard access through a sliding glass door from the kitchen, and features newer appliances, new flooring, new countertops, new interior paint, garbage

disposals and dishwasher. Tenants enjoy the spacious open parking to the rear of the property with ample room for storage. Each unit has its own laundry washing machine

and dryer. All units are separately metered for PG&E. The landlord pays only insurance, taxes, common area water and sewer, and garbage.

Tenants enjoy the easy commute to the new Antioch BART station, close-proximity to Somersville Road in Antioch with retail shopping including Target, Lowe's Home

Improvement Center, Best Buy and Ross Dress for Less. Also nearby are schools, Contra Loma Regional Park, public transportation, the Contra Costa Fairgrounds, as well as

a plethora of retail and entertainment centers in nearby Brentwood, CA which is just a few minutes to the east.

INVESTMENT OVERVIEW

6

912 MINAKER DR

#

OFFERING SUMMARY

The city of Antioch is located in eastern Contra Costa County and is at the crossroads linking the San

Francisco/East Bay region with Sacramento and the Central Valley. Located approximately 44 miles east of San

Francisco and 21 miles northeast of Walnut Creek, Antioch has a rapidly growing population of 111,535

residents (as of 2019). Antioch benefits from tremendous rental demand as the tight vacancy market of nearby

Concord, Walnut Creek, and Central Contra Costa pushes tenants into nearby cities. The recently opened

Hillcrest BART terminal allows Antioch tenants to easily commute to major job centers with ease. The major

employers in Antioch and Pittsburg include the Antioch Unified School District, Pittsburg Unified School

District, Sutter Delta Medical Center, Kaiser Permanente, Wal-Mart, USS-POSCO Industries, and Los Medanos

Community College.

East Contra Costa is currently in the middle of a dramatic population explosion as renters flee the outrageously

priced, San Francisco, Oakland, and Central Contra Costa rental markets. This is reflected in the current

vacancy rate which hovers near all time lows. The low vacancy translates to steady rent growth and an

increasing trend in income collected. The City of Antioch is positively influenced from being sandwiched

between nearby Sacramento, Oakland and San Francisco markets and remains very affordable in comparison

to the surrounding cities. With increasing population and very little multifamily construction planned, Antioch

should continue to experience very low vacancy rates and increased rents into the foreseeable future. These

factors should ensure a new owner excellent rental upside and future appreciation.

77

LOCATION OVERVIEW

*All square footage is estimated, neither Seller nor Broker/Agent make any guarantee or representation as to accuracy of square footage. Buyer assumes all responsibility to measure and determine actual square footage.

#

OFFERING SUMMARY

BART’s new East Bay extension to Antioch is already rocketing off the charts.

Opened at a cost of $525 million, the 10-mile link from Pittsburg to Antioch is

averaging 3,800 weekday riders — well above the 2,800 BART initially estimated.

“And there likely would be even more riders, but there’s no room in the parking lot,”

said BART Board Director Joel Keller, whose east Contra Costa County district

includes the new station.

The 1,006-slot parking lot, which already is being restriped to allow for more than

three dozen extra vehicles, is usually filled by 5:55 a.m.

BART “underestimated the parking,” said Antioch Mayor Sean Wright. As a result,

riders are parking all day on neighborhood streets.

Now the transit agency is moving to add 700 parking spaces on seven acres it owns

adjacent to the station. But if that doesn’t do the trick, it could reopen the long-

standing debate among BART directors over whether building more parking is the

best way to promote the use of public transit.

Keller said he “fully supports” getting commuters out of their cars, but in this case,

there isn’t adequate bus service in the area.

“Wouldn’t it be better to divert people off the roads and onto transit rather than have

them continue driving to the urban core?” Keller asked.

88*SOURCE: https://www.sfchronicle.com/bayarea/matier-ross/article/BART-extension-to-Antioch-so-popular-there-s-no-13110697.php

912 MINAKER DR

BART’s New Antioch Station is Very Popular

#

OFFERING SUMMARY

ANTIOCH — The long-awaited Bay Point-to-Antioch BART extension rolled into full-

time service, giving traffic-weary commuters in East Contra Costa a reason to hope.

The service, which provides a rail link from Antioch and Pittsburg to the Bay

Point/Pittsburg station and trains headed west, cost $525 million and took nine

years from BART board approval to the launch.

The extension is expected to ease traffic on often congested Highway 4. If filled to

capacity, the train cars will remove from the roadway the equivalent of one lane of

traffic during peak commute hours, BART officials said.

Commuters had gotten a little relief even before the new rail extension opened for

business, as the busy highway was widened to eight lanes between Loveridge

Road in Pittsburg to just west of Highway 160 in Antioch. But even that couldn’t

help the morning commute, where even a minor fender bender can bring cars to a

near standstill. On some days, traveling Highway 4 between Antioch and Bay Point,

which takes just 10 minutes on the BART extension, can take an hour.

Kimbra Brazeal, 29, boarded the train at the Railroad Avenue station, headed to

Concord. “Railroad gets pretty backed up just trying to get onto Highway 4,” she

said, “so I can imagine how much better this is going to be.”

99*SOURCE: https://www.mercurynews.com/2018/05/26/antioch-bart-extension-rolls-with-rave-reviews-on-first-day-of-service/

912 MINAKER DR

The long- awaited extension is expected to ease heavy traffic on Highway 4

#

OFFERING SUMMARY

The 10 Bay Area cities with the fastest housing appreciation over the past five

years are located across the region and aren't traditionally the most sought-after

communities.

Yet they’ve all have seen their housing prices grow by more than 15 percent over

the time period, according to data from real estate company Trulia.

While the communities may not be marquee-level names, they are often some of

the most affordable communities in the region. Cities like Richmond, Pittsburg and

Antioch have seen some of the highest increases regionally yet still have median

home prices under $500,000.

Bay Area cities have the fastest appreciating home prices.

Most are in Eastern Contra Costa County and Southern Alameda County and have

a few key characteristics in common, including a working-class pedigree and a

higher proportion of the population that are minorities.

Trulia Chief Economist Ralph McLaughlin said the recent housing appreciation in

these communities makes sense when considering some of these areas are still

shaking off the aftershocks of the Great Recession.

“The big picture here is that the more affordable areas are the ones that have seen

the most price appreciation,” McLaughlin said. “Those areas were the ones that

were hit the hardest by the housing crash, and working-class homeowners were

the ones most disproportionately affected by the housing foreclosure crisis.”

A vast majority of the cities with the greatest housing appreciation are in the East

Bay.

1010*SOURCE: San Francisco Business Times; By Kevin Truong – Multimedia producer, San Francisco Business Times

912 MINAKER DR

East Bay Business News: Bay Area Cities Where Prices Have Risen the Most

#

OFFERING SUMMARY

So who are the homebuyers driving up prices? McLaughlin said for the most part they come from two groups: Those looking to re-enter the housing market

after foreclosure during the Great Recession and first-time homebuyers.

“These are the bastions of affordability in the Bay Area, and when push comes to shove, buyers are going to go to the markets that they can afford to buy,”

McLaughlin said.

Contra Costa County Supervisor John Gioia, who represents Richmond and San Pablo, said that he’s seen a domino effect as housing prices have pushed

families out of major population centers and further into the East Bay.

“The story we’re hearing on the ground confirms the data,” Gioia said. “People are being priced out of West Contra Costa because of rising rents and home

prices.”

McLaughlin said that he expects housing prices to continue appreciating in these cities, corresponding to greater wealth for longtime homeowners, but also

increased competition for an increasingly scarce inventory.

1111

912 MINAKER DR

East Bay Business News: Bay Area Cities Where Prices Have Risen the Most

*SOURCE: San Francisco Business Times; By Kevin Truong – Multimedia producer, San Francisco Business Times

Antioch Marina Antioch Downtown

#

OFFERING SUMMARY

1212

Judith Prieve from East Bay Times states that Antioch has been Bay Area’s best kept secret for

quite a while. Recently, the city spent $236,000 on a marketing plan working towards changing

the perception of how some people see Antioch. Their slogan is “Opportunity Lives Here.”

Antioch is a great place to expand businesses because of the reverse commute. Additionally,

this city is the perfect midpoint from San Francisco, Sacramento, and Central Valley. There is so

much positivity happening in Antioch such as the new BART, improved Highway 4, and

AMTRACK service.

912 MINAKER DR

*SOURCE: https://www.eastbaytimes.com/2019/04/04/antioch-launches-marketing-campaign-to-attract-business-improve-image/

East Bay Times – Antioch Launches Marketing Campaign to Attract & Improve Image

#

OFFERING SUMMARY

1313*SOURCE: CoStar Analytics. Based on survey of 151 apartment properties in Antioch.

CITY OF ANTIOCH VACANCY RATECITY OF ANTIOCH EFFECTIVE RENT PER SF

912 MINAKER DR

#

OFFERING SUMMARY

1414

CITY OF ANTIOCH VACANCY RATE

*SOURCE: CoStar Analytics. Based on survey of 151 apartment properties in Antioch.

912 MINAKER DR

REGIONAL MAP

912 MINAKER DR

15

LOCAL MAP

912 MINAKER DR

16

AERIAL PHOTO

912 MINAKER DR

17

WILBUR AVENUE

*This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

AERIAL PHOTO

912 MINAKER DR

18*This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

912 MINAKER DR

19

SUBJECT PROPERTY

CONTRA COSTA COUNTY FAIR

GROUNDS

CENTURY PLAZA SHOPPING CENTER &

SOMERSVILLE TOWNE CENTER

LOCATION AERIAL


LOCATION AERIAL

20

SUBJECT PROPERTY

ANTIOCH HIGH

SCHOOL

ANTIOCH MIDDLE SCHOOL

PARK MIDDLE SCHOOL CROSSINGS SHOPPING CENTER

912 MINAKER DR


#21

912 MINAKER DR

#22

912 MINAKER DR

#23

912 MINAKER DR UNIT 1 INTERIORS

#24


#25


#26


#27


#28


912 MINAKER DR

29

FINANCIAL

ANALYSIS

FINANCIAL ANALYSIS

912 MINAKER DR

RENT ROLL SUMMARY 2-2-2021

30

FINANCIAL ANALYSIS

912 MINAKER DR

31

RENT ROLL DETAIL 2-2-2021

FINANCIAL ANALYSIS

912 MINAKER DR

OPERATING STATEMENT

32

FINANCIAL ANALYSIS

912 MINAKER DR

PRICING DETAIL

33

912 MINAKER DR

34

MARKET

COMPARABLES

912 MINAKER DR

SALES COMPARABLES MAP

35

912 MINAKER DR

(SUBJECT)

9 S Lake Dr

1616 G St

2509 Jenifer Ct

2513 Jenifer Ct

128 E 7th St

2703 Stapleton Dr

1105 E St

236 Chestnut St

55 Marin Ave

78 W 11th St

3796 Harbor St

1530 Somers St

247 Ramona St

501 W 11th St

SALES COMPARABLES

1

2

3

4

5

7

8

13

14

6

9

10

11

12

36

Avg. $316.03

$0.00

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

$350.00

$400.00

$450.00

$500.00

912

Minaker Dr

9 S Lake Dr 1616 G St 2509

Jenifer Ct

2513

Jenifer Ct

128

E 7th St

2703

Stapleton

Dr

1105 E St 236

Chestnut St

55 Marin

Ave

78 W 11th

St

3796

Harbor St

1530

Somers St

247

Ramona St

501

W 11th St

PROPERTY NAME912 MINAKER DR

SALES COMPARABLES

Average Price Per Square Foot

SALES COMPARABLES SALES COMPS AVG

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

SALES COMPARABLES

rentpropertyname1

rentpropertyaddress1

rentpropertyname1


rentpropertyname1


37

SALES COMPARABLES

Units Unit Type

Offering Price: $635,000 2 Two Bdr

Price/Unit: $317,500

Price/SF: $284.50

CAP Rate: 5.19%

GRM: 13.94

Total No. of Units: 2

Year Built: 1970

Underwriting Criteria

Income $43,557 Expenses $11,907

NOI $31,650 Vacancy ($663)

912 MINAKER DR912 Minaker Dr, Antioch, CA, 94509

1

Close Of Escrow: 7/30/2019

Sales Price: $1,100,000


Price/SF: $282.05


Year Built: 1966

9 S LAKE DR9 S Lake Dr, Antioch, CA, 94509


Sales Price: $800,000


Price/SF: $294.55

CAP Rate: 6.00%


Year Built: 1959

2

1616 G ST1616 G St, Antioch, CA, 94509

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

SALES COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


38

SALES COMPARABLES




Price/SF: $354.57


Year Built: 1978

3

2509 JENIFER CT 2509 Jenifer Ct, Antioch, CA, 94509

4




Price/SF: $296.78


Year Built: 1979

2513 JENIFER CT2513 Jenifer Ct, Antioch, CA, 94509




Price/SF: $461.54


Year Built: 1938

5

128 E 7TH ST128 E 7th St, Antioch, CA, 94509

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

SALES COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


39

SALES COMPARABLES




Price/SF: $336.54


Year Built: 1978

6

2703 STAPLETON DR2703 Stapleton Dr, Antioch, CA, 94509

7




Price/SF: $283.19


Year Built: 1956

1105 E ST1105 E St, Antioch, CA, 94509




Price/SF: $310.94


Year Built: 1935

8

236 CHESTNUT ST 236 Chestnut St , Brentwood, CA, 94513

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

SALES COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


40

SALES COMPARABLES




Price/SF: $288.02


Year Built: 1965

9

55 MARIN AVE55 Marin Ave, Bay Point, CA, 94565

10




Price/SF: $280.30


Year Built: 2018

78 W 11TH ST78 W 11th St, Pittsburg, CA, 94565




Price/SF: $285.15


Year Built: 1977

11

3796 HARBOR ST 3796 Harbor St , Pittsburg, CA, 94565

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

SALES COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


41

SALES COMPARABLES




Price/SF: $286.16


Year Built: 1950

12

1530 SOMERS ST1530 Somers St, Pittsburg, CA, 94565

13




Price/SF: $322.71


Year Built: 1951

247 RAMONA ST247 Ramona St, Pittsburg, CA, 94565




Price/SF: $341.95


Year Built: 1959

14

501 W 11TH ST501 W 11th St, Antioch , CA, 94509

8

912 MINAKER DR

RENT COMPARABLES MAP

912 MINAKER DR

(SUBJECT)

Mira Vista Hills

Lakeshore Apartments

Baywoods Apartments

Hillcrest View Apartments

Twin Creeks

Almond Knolls

1500 Sycamore Dr

4

7

8

9

11

20

12

14

15

16

17

13

18

10

4

7

1

2

3

5

6

42

PROPERTY NAME912 MINAKER DR

RENT COMPARABLES

43

AVERAGE RENT - MULTIFAMILY

Avg. $2,201

$0

$300

$600

$900

$1,200

$1,500

$1,800

$2,100

$2,400

$2,700

$3,000

912

Minaker Dr

Mira Vista

Hills

Lakeshore

Apartments

Baywoods

Apartments

Hillcrest

View

Apartments

Twin Creeks Almond

Knolls

1500

Sycamore Dr

2 Bedroom

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

RENT COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


44

YEAR BUILT: 1970

rentpropertyname1


Unit Type Units SF Rent Rent/SF

Two Bdr 2 1,116 $1,898 $1.70

Total/Avg. 2 1,116 $1,895 $1.70

912 MINAKER DR912 Minaker Dr, Antioch, CA, 94509

OCCUPANCY: 94% | YEAR BUILT: 1986

1

NOTES

Unit amenities include air conditioning, balcony, storage space, and walk-

in closets. Site amenities include clubhouse, courtesy patrol, fitness

center, gated, laundry facilities, maintenance on site, package service,

picnic area, pool, property manager on site, sauna, and spa.


2 Bdr 1 Bath 64 885 $2,604 $2.94

Total/Avg. 64 885 $2,604 $2.94

MIRA VISTA HILLS2201 San Jose Dr, Antioch, CA, 94509

2


NOTES

Unit amenities include balcony, dishwasher, disposal, and heating. Site

amenities include clubhouse, laundry facilities, playground, pool, spa, and

storage units.


2 Bdr 2 Bath 212 940 $2,030 $2.16

Total/Avg. 212 940 $2,030 $2.16

LAKESHORE APARTMENTS600 Wilbur Ave, Antioch, CA, 94509

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

RENT COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


45


3


2 Bdr 2 Bath 75 791 $1,895 $2.40

Total/Avg. 75 791 $1,895 $2.40

NOTES

Unit amenities include air conditioning, balcony, dishwasher, disposal, and

vaulted ceiling. Site amenities include courtesy patrol, fitness center,

gated, laundry facilities, pool, property manager on site, spa, and storage

units.

BAYWOODS APARTMENTS2005 San Jose Dr, Antioch, CA, 94509


4

NOTES

Unit amenities include air conditioning, ceiling fans, dishwasher, disposal,

and walk-in closets. Site amenities include controlled access, health club

discount, laundry facilities, maintenance on site, pool, property manager

on site, spa, storage space.


2 Bdr 2 Bath 64 965 $2,275 $2.36

Total/Avg. 64 965 $2,275 $2.36

HILLCREST VIEW APARTMENTS3001 Kodiak St, Antioch, CA, 94531

5


NOTES

Unit amenities include air conditioning, balcony, cable ready, ceiling fan,

dishwasher, disposal, and walk in closets. Site amenities include

basketball court, business center, clubhouse, courtyard, fitness center,

grill, laundry facility, picnic area, property manager on site, storage units,

and tennis court.


2 Bdr 1 Bath 144 1,030 $2,110 $2.05

Total/Avg. 144 1,030 $2,110 $2.05

TWIN CREEKS1111 James Donlon Blvd, Antioch, CA, 94509

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

RENT COMPARABLES

rentpropertyname1


rentpropertyname1


rentpropertyname1


46

YEAR BUILT: 2019

6


2 Bdr 2 Bath 58 985 $2,340 $2.38

Total/Avg. 58 985 $2,340 $2.38

NOTES

Unit amenities include storage space, balcony, patio, views, washer/dryer

in unit, air conditioning, and cable ready. Site amenities include assigned

parking, bike storage, packing service, property manager on site, video

patrol, trash pick up door to door, online services, pet play area, picnic

area, gated, and pet washing station.

ALMOND KNOLLS10 Worrell Rd, Antioch, CA, 94509

YEAR BUILT: 1977

7

NOTES

Unit amenities include storage space and small private patio. Site

amenities include laundry facilities, garbage & water service included, and

one designated carport spot.


2 Bdr 1 Bath 4 910 $2,150 $2.36

Total/Avg. 4 910 $2,150 $2.36

1500 SYCAMORE DR1500 Sycamore Dr, Antioch, CA, 94509

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

DEMOGRAPHICS

Source: © 2018 Experian

Created on October 2019

POPULATION 1 Miles 3 Miles 5 Miles

▪ 2023 Projection

Total Population 10,814 72,537 166,419

▪ 2018 Estimate


▪ 2010 Census


▪ 2000 Census


▪ Daytime Population

2018 Estimate 8,781 52,906 115,520

HOUSEHOLDS 1 Miles 3 Miles 5 Miles

▪ 2023 Projection

Total Households 3,783 24,650 53,536

▪ 2018 Estimate


Average (Mean) Household Size 2.79 2.98 3.10

▪ 2010 Census


▪ 2000 Census


Growth 2015-2020 0.16% 2.25% 6.97%

HOUSING UNITS 1 Miles 3 Miles 5 Miles

▪ Occupied Units

2023 Projection 3,783 24,650 53,536

2018 Estimate 3,881 24,707 51,080

Owner Occupied 1,796 13,705 30,656

Renter Occupied 1,981 10,402 19,393

Vacant 104 600 1,031

▪ Persons In Units

2018 Estimate Total Occupied Units 3,777 24,107 50,050

1 Person Units 24.38% 20.75% 18.74%

2 Person Units 29.39% 27.96% 26.36%

3 Person Units 17.61% 17.67% 18.15%

4 Person Units 13.85% 16.00% 17.37%

5 Person Units 8.00% 9.29% 10.27%

6+ Person Units 6.78% 8.33% 9.11%

HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles

▪ 2018 Estimate

$200,000 or More 4.15% 5.66% 6.38%

$150,000 - $199,000 4.71% 6.54% 8.03%

$100,000 - $149,000 11.08% 17.26% 20.41%

$75,000 - $99,999 12.91% 14.51% 14.60%

$50,000 - $74,999 19.64% 17.93% 17.08%

$35,000 - $49,999 14.35% 11.10% 9.89%

$25,000 - $34,999 10.80% 8.64% 7.26%

$15,000 - $24,999 10.48% 8.62% 7.71%

Under $15,000 11.89% 9.74% 8.65%

Average Household Income $75,708 $88,525 $96,665

Median Household Income $53,249 $65,676 $74,092

Per Capita Income $26,614 $29,509 $30,613

POPULATION PROFILE 1 Miles 3 Miles 5 Miles

▪ Population By Age

2018 Estimate Total Population 10,908 72,619 158,549

Under 20 26.08% 27.08% 28.34%

20 to 34 Years 24.01% 22.41% 21.89%

35 to 39 Years 6.48% 6.44% 6.59%

40 to 49 Years 12.17% 13.01% 13.63%

50 to 64 Years 17.71% 19.44% 19.07%

Age 65+ 13.58% 11.63% 10.47%

Median Age 34.95 35.39 34.83

▪ Population 25+ by Education Level

2018 Estimate Population Age 25+ 7,270 47,516 101,660

Elementary (0-8) 6.00% 5.33% 4.71%

Some High School (9-11) 9.67% 7.73% 7.01%

High School Graduate (12) 35.58% 29.68% 27.59%

Some College (13-15) 28.59% 29.99% 30.70%

Associate Degree Only 5.95% 7.83% 8.83%

Bachelors Degree Only 8.18% 12.96% 14.57%

Graduate Degree 4.83% 4.85% 4.95%

▪ Population by Gender

2018 Estimate Total Population 10,908 72,619 158,549

Male Population 48.79% 48.83% 48.69%

Female Population 51.21% 51.17% 51.31%

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Income

In 2018, the median household income for your selected geography is

$53,249, compare this to the US average which is currently $58,754.

The median household income for your area has changed by 24.36%

since 2000. It is estimated that the median household income in your

area will be $58,630 five years from now, which represents a change

of 10.11% from the current year.

The current year per capita income in your area is $26,614, compare

this to the US average, which is $32,356. The current year average

household income in your area is $75,708, compare this to the US

average which is $84,609.

Population

In 2018, the population in your selected geography is 10,908. The

population has changed by 8.03% since 2000. It is estimated that the

population in your area will be 10,814.00 five years from now, which

represents a change of -0.86% from the current year. The current

population is 48.79% male and 51.21% female. The median age of

the population in your area is 34.95, compare this to the US average

which is 37.95. The population density in your area is 3,468.52 people

per square mile.

Households

There are currently 3,777 households in your selected geography. The

number of households has changed by 2.66% since 2000. It is

estimated that the number of households in your area will be 3,783

five years from now, which represents a change of 0.16% from the

current year. The average household size in your area is 2.79 persons.

Employment

In 2018, there are 2,423 employees in your selected area, this is also

known as the daytime population. The 2000 Census revealed that

60.10% of employees are employed in white-collar occupations in

this geography, and 41.39% are employed in blue-collar occupations.

In 2018, unemployment in this area is 8.72%. In 2000, the average

time traveled to work was 38.00 minutes.

Race and Ethnicity

The current year racial makeup of your selected area is as follows:

59.61% White, 11.42% Black, 0.82% Native American and 3.79%

Asian/Pacific Islander. Compare these to US averages which are:

70.20% White, 12.89% Black, 0.19% Native American and 5.59%

Asian/Pacific Islander. People of Hispanic origin are counted

independently of race.

People of Hispanic origin make up 37.46% of the current year

population in your selected area. Compare this to the US average of

18.01%.

PROPERTY NAME

MARKETING TEAM

912 MINAKER DR

Housing

The median housing value in your area was $264,365 in 2018,

compare this to the US average of $201,842. In 2000, there were

2,085 owner occupied housing units in your area and there were

1,595 renter occupied housing units in your area. The median rent at

the time was $705.

Source: © 2018 Experian

DEMOGRAPHICS

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912 MINAKER DR

DEMOGRAPHICS

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1 Mile

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5 Miles

Documents

912 MINAKER DR...The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it