Apartments For Sale • 148,924 SF
| High-Barrier Silicon Valley Location: Situated across U.S. 101 from downtown Palo Alto, the property sits in one of the most affluent U.S. markets |
| Surrounded by major employers including Stanford University, Meta, and Google |
| Strong Occupancy & Proven Performance: 96% occupancy with consistent collections, producing a current NOI of approximately $734,000 |
| 148,924 SF of affordable housing in the center of Silicon Valley—a rare combination of size, mission alignment, and long-term yield stability. |
| The offering supports new debt financing at competitive rates, with potential to improve cash-on-cash returns |
| Call listing brokers for more information |
| Cap Rate: | 3.87 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Courtyard at Bay Road |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Palo Alto (Caltrain - Caltrain (Caltrain), Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) | 9 min | - | 3.0 mi |
| Menlo Park (Caltrain - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) | 9 min | - | 3.9 mi |
| Airport | Drive | Walk | Distance |
| Norman Y Mineta San Jose International | 22 min | - | 15.3 mi |
| San Francisco International | 25 min | - | 19.2 mi |
| Metro Oakland International | 35 min | - | 26.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 150 |
| Type: | Covered |
| Included in Rent: | Yes |