190 Evandale Ave - Apartments FOR SALE


Mountain View, CA 94043- Wagon Wheel
$7,850,000 USD
408-888-9594
190 Evandale Ave, Mountain View, CA for Sale
$7,850,000 USD
Apartments - FOR SALE
1/12
null | 4.78% Cap Rate

190 Evandale Ave
Mountain View, CA 94043
Wagon Wheel


HIGHLIGHTS

  • ALL 2-bedroom, 2-bathroom units with spacious floorplans
  • Prime Location: Near major tech employers including Google, LinkedIn, Microsoft, and Facebook/Meta, plus transit, shopping, and dining

OVERVIEW

Marketing Package Available! 190 Evandale offers a rare opportunity to acquire a turn-key 19-unit apartment community, comprised entirely of 2-bedroom, 2-bath units with spacious layouts. Located in the highly desirable Mountain View submarket, this property provides tenants with convenient access to major tech employers including Google, LinkedIn, Microsoft, and Facebook/ Meta, as well as public transit, shopping, dining, and local amenities, making it one of the most sought-after rental locations in the area. The property is comprised of five buildings on a single 31,900 SF (0.73-acre) lot, including four fourplex structures and one triplex structure, totaling 19 units. Each building features carport parking and a shared laundry room for tenants. This asset is ideal for investors seeking a stable, income-generating property with rental upside and strong long-term appreciation potential, combining immediate cash flow with future growth opportunities in one of Silicon Valley’s most dynamic markets.

FOR SALE DETAILS

PRICE

$7,850,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

19

PRICE/UNIT

$413,158

CAP RATE

4.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nederland Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,899 SF

ZONING

P32

APN/PARCEL ID

160-07-008

ASK ABOUT THIS PROPERTY

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.