Our Mission
At Passive Partners, we provide opportunities for both accredited and non-accredited investors to protect and grow their wealth. Our team brings expertise to acquire, and reposition Commercial Real Estate.
Through our research and strategically formed partnerships we acquire commercial properties, strategically add value , and create passive income for our investors.
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823 N Lagoon
MULTI-FAMILY
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1114 Eubank
MULTI-FAMILY
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203 West- Opp
MULTI-FAMILY
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President
Liliana Garcia
Managing Partner
Brad Blazar
Capital Advisor/Mentor
Peter Conti
Acquisitions Advisor/Mentor
901 N Arrowhead. 20 unit Multifamily
Purchase Price $1,450,000
Sold $2,800,000 in 18 months
This property underwent $400,000 worth of Interior and exterior renovation. Including new kitchen cabinets, counters, flooring, fixtures, tiled showers, paint, windows, boilers, and a new roof. While there were extensive renovations done to the property, true value add was achieved by repositioning the building with new tenants at market rent that were 2x from previously collected resulting in nearly 2x the value increase.
370 W Sierra Madre Blvd. 12,600 SQFT Retail Center
Purchase Price $3,000,000 Sold $4,165,000
Located in the heart of Sierra Madre walking distance to the resilient down town area of Sierra Madre. Hector and his management team renovated the property with new paved parking lot, new roof, commercial air conditioners, new monument sign and exterior paint. True value add was achieved by leasing the remaining vacant spaces and structuring all the expired leases to NNN leases all of which increased Net Operating Income which in turn increased the value of the building.
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10 Ways To Increase Commercial Property Value
Here is the first step into multifamily and commercial real state investing. In this e-book you’ll find the knowledge needed to properly take on a deal.