Piedmont Avenue District of Oakland directly adjacent to Piedmont.In 2012, BayRock Multifamily secured the right to purchase this 40 year old apartment building containing 30 apartment homes in a discreet, off-market transaction. BayRock aligned its investment philosophy with a single, long term, high net worth investor to acquire, re-habilitate, and re-position this tired asset into the gem that exists today. BayRock’s ownership team has invested several hundred thousand dollars to create a state-of-the-art living environment that lies in the heart of one of Oakland’s best neighborhoods. The investment program included a comprehensive remodel of the exterior envelope, signage, landscaping and common areas. Apartment home interiors have been completed gutted and renovated with luxury finishes and appliances upon unit turnover. A new branding effort and professional management focus is the foundation for this classic, BayRock investment.