930, 940, & 960-966 Parker Ct FOR SALE


Santa Clara, CA - Outer Santa Clara
$3,500,000 USD
510-599-4410
, Santa Clara, CA for Sale
$3,500,000 USD
FOR SALE
1/12
null | 4.82% Cap Rate

930, 940, & 960-966 Parker Ct
Santa Clara, CA
Outer Santa Clara


HIGHLIGHTS

  • The subject property offers qualified investors an attractive seller financing option.
  • Investors have the opportunity to acquire a well-situated mixed-use asset located in the heart of Silicon Valley.
  • The subject property offers it's tenants convenient amenities such as on-site laundry, and private covered parking.
  • The subject property is located within close proximity to Downtown San Jose (3.1mi), Santa Clara University (0.8mi),PayPal Park (1.6mi) & Santana Row.
  • 930, 940, & 960-966 Parker Ct offers easy access to many transportation corridors including U.S. Route 101, CA State Route 82 & Interstate 880.

OVERVIEW

**ATTRACTIVE SELLER FINANCING AVAILABLE** 930, 940, & 960-966 Parker Ct presents a unique opportunity to acquire a 14 unit mixed-use asset consisting 10 multifamily units and 4 industrial warehouse units, located in the vibrant city of Santa Clara, California. Situated on a parcel of land totaling 26,880 square feet, the subject property was originally constructed in 1956, and features a gross building area of approximately 11,128* square feet, offering its tenants beautifully designed one-bedroom floor plans and spacious warehouse floorplans. The subject property also offers it's tenants convenient amenities such as on-site laundry and private covered parking. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. 930, 940, & 960-966 Parker Ct offers tenants convenient access to the rest of the Bay Area with its proximity to the major transportation corridors of U.S Highway 101, California State Route 82, Interstate 880, as well as several transit options provided by Caltrain and Santa Clara Valley Transportation Agency (VTA). Additionally, the subject property is conveniently located within close proximity to Downtown San Jose (3.1mi), Santa Clara University (0.8mi), PayPal Park (1.6mi), and Santana Row (3.1mi). The investment appeal of this asset is driven by Santa Clara’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 930, 940, & 960-966 Parker Ct is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

ASK ABOUT THIS PROPERTY

Adam RichardsonMarcus & MillichapMore Info
510-599-4410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Adam RichardsonMarcus & MillichapMore Info
510-599-4410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.