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1140 Castro St
Mountain View, CA 94040 Cuesta Park

$13,500,000 USD

Apartments For Sale  •  57,850 SF

Property Details

  • Property Type Apartments
  • Total Building Size 57,850 SF
  • Lot Size 1.84 AC
  • Building Class C
  • Year Built 1970
  • Zoning R31
46 Transit Score
82 Walk Score

Highlights

Adjacent to Cuesta Park and Walking Distance to Downtown Mountain View
Rare Opportunity to Acquire a 61-Unit Multifamily Community in Silicon Valley at a Low Basis
Substantial Rental Upside – Rents are Projected to be 52% below Market | 12% Pro Forma Cap Rate
Garden-Style Community with Major Value-Add Potential
Ample Parking Totaling 118 Spaces (Tuck-Under + Open Spaces)

Amenities

  • Balcony
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.2 mi
Mountain View (Caltrain - Caltrain (Caltrain)) 5 min - 1.4 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 17 min - 10.5 mi
San Francisco International 36 min - 26.1 mi
Metro Oakland International 49 min - 34.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Jimmy Castellanos 408-483-5040 Marcus & Millichap
Jimmy Castellanos 408-483-5040 Marcus & Millichap