211-311 Semicircular Road, Menlo Park - Apartments FOR SALE


Menlo Park, CA 94025
$3,850,000 USD
650-274-5227
211-311 Semicircular Road, Menlo Park, Menlo Park, CA for Sale
$3,850,000 USD
Apartments - FOR SALE
1/12
null | 5.62% Cap Rate

211-311 Semicircular Road, Menlo Park
Menlo Park, CA 94025


HIGHLIGHTS

  • Excellent Unit Mix: (4) 2+1s and (6) 1+1s
  • Huge, oversized units with attractive floorplans: Two-Bedroom units are over 1,000 SF / One-Bedroom units are over 800 SF
  • Outstanding in-place rents: Day One 5.62% Cap Rate
  • Most units fully renovated
  • Electrical System is all circuit breakers
  • All copper plumbing

OVERVIEW

211 Semicircular Road offers an incredible opportunity for an investor to acquire an apartment building with rare 1990 construction in the North Fair Oaks Neighborhood of Menlo Park. The property stands out as the nicest and newest in the neighborhood and directly across the street are newer townhomes adding to the positive growth of the immediate area. The building is strategically positioned between San Francisco & San Jose, ideally located in the heart of Silicon Valley, and minutes from major employers like Meta, Stanford and top tech campuses.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

10

PRICE/UNIT

$385,000

CAP RATE

5.62%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,820 SF

ZONING

R3, Redwood City

APN/PARCEL ID

060-092-210

ASK ABOUT THIS PROPERTY

Bryan DanforthCompass CommercialMore Info
650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

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