3501 Lafayette St - Apartments FOR SALE


Santa Clara, CA 95054- Outer Santa Clara
$7,225,000 USD
650-492-0934
3501 Lafayette St, Santa Clara, CA for Sale
$7,225,000 USD
Apartments - FOR SALE
1/10
null | 4.71% Cap Rate

3501 Lafayette St
Santa Clara, CA 95054
Outer Santa Clara


HIGHLIGHTS

  • Incredible Santa Clara Townhome-Style Investment Opportunity
  • Desirable Unit Mix
  • Elevated Property Amenities
  • Premier Santa Clara Location
  • Convenient Access to Transportation Corridors

OVERVIEW

Bentley Square is a prime 17-unit townhome-style multifamily asset located at 3501 Lafayette St in the thriving city of Santa Clara. Situated on a parcel of land totaling 29,725 square feet, the subject property was originally constructed in 1965 and features a gross building area of approximately 14,280 square feet, offering its tenants 100% beautifully designed two-bedroom townhome-style floor plans. Tenants enjoy open floor plans featuring stainless steel energy-efficient appliances, air conditioning, luxury flooring, and large private patios. Additionally, the subject property offers tenants convenient community amenities such as private parking and a laundry facility. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. Bentley Square offers tenants convenient access to the rest of the Bay Area with its proximity to major transportation corridors including U.S. Highway 101, California State Route 82, and Interstate 880, as well as several transit options provided by Caltrain and the Santa Clara Valley Transportation Authority. Additionally, the subject property is conveniently located within close proximity to Downtown San Jose (6.3 mi), Santa Clara University (3.2 mi), PayPal Park (3.9 mi), and Santana Row (6.5 mi). The investment appeal of this asset is driven by Santa Clara’s strong employment fundamentals and low vacancy levels, and with a world-class location in the heart of Silicon Valley, Bentley Square is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$7,225,000 USD

PRICE/SF

$506 USD /SF

# OF UNITS

17

PRICE/UNIT

$425,000

CAP RATE

4.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bentley Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,725 SF

ZONING

R3, Santa Clara

APN/PARCEL ID

101-07-009

ASK ABOUT THIS PROPERTY

Adam LevinLevin JohnstonMore Info
650-492-0934

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

Adam LevinLevin JohnstonMore Info
650-492-0934

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