415-310-0487
4445 Stevenson Blvd, Fremont, CA for Sale
Apartments - FOR SALE
1/117
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4445 Stevenson Blvd
Fremont, CA 94538


HIGHLIGHTS

  • TURNKEY INVESTMENT WITH IMMEDIATE YIELD
  • SILICON VALLEY LOCATION DRIVES GROWTH
  • 75% DISCOUNT TO HOMEOWNERSHIP IN THE NATION’S BEST PLACE TO RAISE A FAMILY
  • EXCEPTIONAL APARTMENT MARKET FUNDAMENTALS

OVERVIEW

Berkadia is pleased to exclusively present the opportunity to acquire Parc 88 (or the “Property”) an 88-unit multifamily community located in the “Best Place to Raise a Family in the U.S.” and providing an anticipated +6.5% Year 1 cash-on-cash return. With more than $2.2MM in recently completed capital improvements, Parc 88 is a turnkey asset entirely comprised of two- and three- bedroom townhome units — uniquely positioning the Property to benefit from the submarket’s +18% rent growth projected by 2028. Parc 88 is surrounded by the world’s most innovative companies, top-rated public schools, and an increasingly affluent and growing population, making the Property a minimal-risk investment delivering an attractive in-place yield combined with a clear path to significant near-term income growth.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

88

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parc88 Apartments by Trion Living

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

140

LAND DETAILS

LAND ACRES

5.1 AC

LAND SF

222,156 SF

ZONING

-

APN/PARCEL ID

501-967-88,501-967-94,501-967-99

ASK ABOUT THIS PROPERTY

Scott MacDonaldBerkadiaMore Info
415-310-0487

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Scott MacDonaldBerkadiaMore Info
415-310-0487

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