Multifamily
Erimar Apartments
767 S Wolfe Rd, Sunnyvale, CA 94086
Listing Price: $8,495,000
Investment Overview
Erimar Apartments is a stunning 18-unit apartment community located at 767 S Wolfe Rd in the thriving city of Sunnyvale, California. Situated on a 28,329 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 17,354 square feet, consisting of beautifully designed two-bedroom and three-bedroom floorplans. The property features many community amenities including a sunny community courtyard, a sparkling pool, covered parking, and a laundry facility. Erimar Apartments has recently undergone interior capital improvement in select units. Interiors have been remodeled with modern high-end finishes and attractive updated kitchens including countertops, appliances and flooring. The investment appeal of this asset is driven by Sunnyvale’s strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, this asset presents an attractive choice for South Bay renters due to close proximity to major employers, shopping, dining, and entertainment options.
Erimar Apartments
Investment Highlights
- Exceptional South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in Silicon Valley
- Desirable Unit Mix - Erimar Apartments offers beautifully designed two-bedroom and three-bedroom floor plans that feature modern unit amenities
- Extensive Capital Improvements - Select units have recently undergone interior renovations including modern high-end finishes, attractive updated kitchens, appliances and flooring
- Convenient Community Amenities - Including a sunny community courtyard, a sparkling pool, covered parking and a laundry facility
Exclusively Listed By
Listing Price: $8,495,000
Investment Highlights
- Exceptional South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in Silicon Valley
- Desirable Unit Mix - Erimar Apartments offers beautifully designed two-bedroom and three-bedroom floor plans that feature modern unit amenities
- Extensive Capital Improvements - Select units have recently undergone interior renovations including modern high-end finishes, attractive updated kitchens, appliances and flooring
- Convenient Community Amenities - Including a sunny community courtyard, a sparkling pool, covered parking and a laundry facility
Investment Overview
Erimar Apartments is a stunning 18-unit apartment community located at 767 S Wolfe Rd in the thriving city of Sunnyvale, California. Situated on a 28,329 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 17,354 square feet, consisting of beautifully designed two-bedroom and three-bedroom floorplans. The property features many community amenities including a sunny community courtyard, a sparkling pool, covered parking, and a laundry facility. Erimar Apartments has recently undergone interior capital improvement in select units. Interiors have been remodeled with modern high-end finishes and attractive updated kitchens including countertops, appliances and flooring. The investment appeal of this asset is driven by Sunnyvale’s strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, this asset presents an attractive choice for South Bay renters due to close proximity to major employers, shopping, dining, and entertainment options.
Exclusively Listed By
