517-535 Thompson Ave

517-535 Thompson Ave


Mountain View, CA 94043

$4,000,000 Marketing Sheet

The subject apartments are located at 517, 523, 529 and 535 Thompson Avenue in highly desirable Mountain View, California. Constructed in 1963, the four seperate cottage-style buildings are constructed on a concrete perimeter foundation, wood frame construction, and a beautifully landscaped premises. Each of the four, four-unit buildings lie on their own seperate tax parcel. 

The grounds consist of 48,977 square feet with 12,720 square feet of living space. The investment offers sixteen two-bedroom/one-bath single story cottage style apartment units, an on-site covered parking space for each unit, as well as an on-site laundry facility. Located in the highly desired Monta Loma neighborhood, within a two block radius are coffee shops, restaurants, a brand new Fresh-and-Easy Food Market, and Monta Loma Elementary School. 

This impressive property has a true "Pride of Ownership" appeal. The property is located in close proximity to Google Campus, and all other major employment hubs via Highway 101 & 280.

Cap Rate: 3.91% NOI: $156,572 Livable Sq. Ft: 12,720

Built in 1963 16 units Lot Sq. Ft: 48,977

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