1129 Capuchino Ave
Burlingame, CA 94010
Sq. Feet 6,750
The subject apartments are located at 37, 39 and 41 Sherland Avenue in highly desirable Mountain View, California. Constructed in 1962, the three separate cottage-style buildings are constructed on a concrete perimeter foundation, wood frame construction, with stucco exterior and beautifully landscaped premises.
The grounds consist of 20,033 square feet with 5,106 square feet of living space. The investment offers six two-bedroom/one-bath single story cottage style apartment units, an on-site garage parking space for each unit. Located in the North Whisman neighborhood of Mountain View, this area demands increased rents as the high number of single family residential homes gives its renters a truly suburban feel.
The property is located within two miles to the Google Campus at Amphitheatre Parkway, and all other major employment hubs via Highway 101 & 280. This impressive multifamily residential property has a true "Pride of Ownership" appeal.
Cap Rate: 3.30% NOI: $64,264 Livable Sq. Ft: 5,106
Built in 1962 6 units Lot Sq. Ft: 20,033