Description
Strong in-place cap rate of 4.81% - $13,500 of gross monthly income! Brand new electrical main panel + new sub-panels! Marcus & Millichap is pleased to present 2070 Sahara Way, a well-maintained and recently upgraded five-unit multifamily community located in the heart of Santa Clara, one of Silicon Valley's most dynamic and rapidly growing cities. This asset presents a compelling investment opportunity, supported by the city's strong employment base anchored by Fortune 500 companies such as Intel, Google, and the rapidly expanding NVIDIA, whose global headquarters is located just minutes from the property. With no city-level rent control in place, Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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4,264SQFT
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$537$/SQFT
School Ratings & Info
Description
Strong in-place cap rate of 4.81% - $13,500 of gross monthly income! Brand new electrical main panel + new sub-panels! Marcus & Millichap is pleased to present 2070 Sahara Way, a well-maintained and recently upgraded five-unit multifamily community located in the heart of Santa Clara, one of Silicon Valley's most dynamic and rapidly growing cities. This asset presents a compelling investment opportunity, supported by the city's strong employment base anchored by Fortune 500 companies such as Intel, Google, and the rapidly expanding NVIDIA, whose global headquarters is located just minutes from the property. With no city-level rent control in place, Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline.
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Listing courtesy of Jimmy Castellanos of Marcus & Millichap: .