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Multifamily

267 Curtner Ave

267 Curtner Ave, Palo Alto, CA 94306

Listing Price: $12,450,000

Cap Rate
3.74%
Number of Units
26
GRM
15.58
Price/Unit
$478,846
Price/Gross SF
$576.52
Gross SF
21,595

Investment Overview

267 Curtner Ave is a stunning 26-unit investment opportunity located in the thriving city of Palo Alto, California.

Situated on a 34,584 square foot parcel of land, the subject property was originally constructed in 1963 and has a gross building area of approximately 21,595 square feet, offering its tenants beautifully designed three-bedroom, two-bedroom, one-bedroom, and studio floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry.

267 Curtner Ave is well-positioned in one of the Bay Area’s most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability.com list of “Top 100 Best Places to Live” in America.

The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within close proximity to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others.

The investment appeal of this asset is driven by Palo Alto’s incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 267 Curtner Ave is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Exceptional Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in the highly exclusive Palo Alto market.
  • Desirable Unit Mix - The subject property offers tenants beautifully designed three-bedroom, two-bedroom, one-bedroom, and studio floor plans.
  • Convenient Tenant Amenities - 267 Curtner offers tenants convenient amenities such as private covered parking and on-site laundry.
  • Prestigious Palo Alto School District - The subject property is located in a continuously ranked number one public school district throughout California.
  • Strong Renter's Market - 267 Curtner Ave benefits from its proximity to Stanford University, creating a strong demand and high prices for rental rates.

Exclusively Listed By

Multifamily

267 Curtner Ave

Listing Price: $12,450,000

Cap Rate
3.74%
Number of Units
26
GRM
15.58
Price/Unit
$478,846
Price/Gross SF
$576.52
Gross SF
21,595

Investment Highlights

  • Exceptional Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in the highly exclusive Palo Alto market.
  • Desirable Unit Mix - The subject property offers tenants beautifully designed three-bedroom, two-bedroom, one-bedroom, and studio floor plans.
  • Convenient Tenant Amenities - 267 Curtner offers tenants convenient amenities such as private covered parking and on-site laundry.
  • Prestigious Palo Alto School District - The subject property is located in a continuously ranked number one public school district throughout California.
  • Strong Renter's Market - 267 Curtner Ave benefits from its proximity to Stanford University, creating a strong demand and high prices for rental rates.

Investment Overview

267 Curtner Ave is a stunning 26-unit investment opportunity located in the thriving city of Palo Alto, California. Situated on a 34,584 square foot parcel of land, the subject property was originally constructed in 1963 and has a gross building area of approximately 21,595 square feet, offering its tenants beautifully designed three-bedroom, two-bedroom, one-bedroom, and studio floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry. 267 Curtner Ave is well-positioned in one of the Bay Area’s most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability.com list of “Top 100 Best Places to Live” in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within close proximity to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. The investment appeal of this asset is driven by Palo Alto’s incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 267 Curtner Ave is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

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