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535 Walker Drive - Moffett Manor, Mountain View, CA

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535 Walker Drive - Moffett Manor

Mountain View, CA 94043 - North Whisman MF Submarket

Property Type:Multi-Family Number of Units:56 Status:Existing Year Built:1964
Stories:2 Building Size:53,488 SF Land Area:1.81 AC (78,831 SF)
For Sale Price:$26,800,000 Price/Unit:$478,571.43 Cap Rate:4.79 % GRM:-


Sale Notes:
This well-maintained 56-unit complex is comprised of (4) 11-unit buildings and (1) 12-unit building on adjacent parcels. The combined lot size is 2.16 acres. The units benefit from private patios/balconies, dishwashers and forced air heat. The average unit size is 820 SF. There is a large on-site rental office as well. 1st time ever on the market. Rents are substantially below market. Pro forma GRM: 13.88 and Pro forma Cap Rate: 4.79%. Call or email for a complete marketing package.

Newmark Cornish & Carey
Justin S Bautista
(650) 322-2600

Brian Henry
(650) 688-8507

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