Investment Overview

Robles Apartments is an exceptional pride-of-ownership 13-unit multifamily asset located in the thriving city of Menlo Park. Situated on a 13,320 square foot parcel of land, the subject property was originally constructed in 1959 and has a gross building area of 12,348 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans featuring individual water heaters. The subject property also offers tenants convenient amenities such as private parking, carport storage, and an on-site laundry facility. The subject property boasts a prime location positioned immediately adjacent to Downtown Menlo Park. This vibrant area offers an abundance of upscale shops and restaurants, creating a pedestrian-friendly ambiance. With its excellent walk and bike score, Robles Apartments provides convenient access to prestigious educational institutions such as Stanford University, Menlo College, Sacred Heart Prep, and Menlo- Atherton High School. The subject property also offers convenient access to regional lifestyle and employment centers of San Jose and San Francisco through its strategic peninsula location. Additionally, the Stanford Research Institute (SRI) is redeveloping its 63-acre headquarters, located just north of the subject property. This mixed-used redevelopment project is expected to offer a combination of office/R&D buildings, residential housing units, recreational space, and direct transit links. Additional information on the SRI redevelopment project can be found on the following page titled "SRI Parkline Development Project". The investment appeal of this asset is driven by Menlo Park’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Robles Apartments presents an attractive choice for tenants and residents due to its proximity to major employers, educational institutions, transportation corridors, shopping, dining, and entertainment options.