2705 Homestead Rd - Apartments FOR SALE


Santa Clara, CA 95051- Outer Santa Clara
$6,200,000 USD
408-335-3009
2705 Homestead Rd, Santa Clara, CA for Sale
$6,200,000 USD
Apartments - FOR SALE
1/13
null | 4.87% Cap Rate

2705 Homestead Rd
Santa Clara, CA 95051
Outer Santa Clara


HIGHLIGHTS

  • 19-Unit Multi-Family Investment
  • Below Market Rents
  • Very Low Vacancy History
  • Superior Location in the Heart of Silicon Valley
  • On-Site Laundry Facilities for Additional Income
  • Covered Parking Spaces

OVERVIEW

Introducing a prime investment opportunity in the heart of Santa Clara, CA. This property boasts an 18,888 SF building with 19 units, all 100% occupied. Built in 1960 and zoned R3, this ideal multifamily/low-rise/garden property offers a solid investment in the sought-after Silicon Valley. With its impressive occupancy rate and prime location, this property promises exceptional returns and long-term potential. Don't miss the chance to acquire this lucrative investment in the thriving Santa Clara market.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$328 USD /SF

# OF UNITS

19

PRICE/UNIT

$326,316

CAP RATE

4.87%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R3

APN/PARCEL ID

290-39-033

ASK ABOUT THIS PROPERTY

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408-335-3009

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408-335-3009

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