Multifamily
Silicon Flats of Sunnyvale
805 E El Camino Real, Sunnyvale, CA 94087
Listing Price: Request For Offer
Investment Overview
consisting entirely of studio units, into residential apartments representing a unique and compelling investment opportunity in the heart of the Silicon Valley. This transformation is driven by a combination of strategic factors that underscore the property's potential for strong rental income and long-term value appreciation.
This property conversion offers a rare opportunity to acquire and transform a well-maintained, existing structure into residential apartments at a cost significantly below that of new construction. Re-purposing the existing hotel infrastructure allows an investor to avoid the substantial expenses associated with ground-up development, such as high construction costs, extended project timelines, and regulatory hurdles. In turn, allowing for a quicker turnaround to market and a faster realization of rental income.
Investment Highlights
- Incredible Location at Heart of Tech Ecosystem! The property is located on El Camino Real in Sunnyvale between the Apple Park Campus and Apple Sunnyvale campus.
- Silicon Flats at Sunnyvale is located within the strongest Bay Area multifamily market where studios are in high demand especially among young professionals, single occupants and students.
- Well designed and appointed hotel quality units are well positioned for conversion to multifamily. Units average 479 sf and already have kitchens and patio space.
Exclusively Listed By
Investment Highlights
- Incredible Location at Heart of Tech Ecosystem! The property is located on El Camino Real in Sunnyvale between the Apple Park Campus and Apple Sunnyvale campus.
- Silicon Flats at Sunnyvale is located within the strongest Bay Area multifamily market where studios are in high demand especially among young professionals, single occupants and students.
- Well designed and appointed hotel quality units are well positioned for conversion to multifamily. Units average 479 sf and already have kitchens and patio space.
Investment Overview
consisting entirely of studio units, into residential apartments representing a unique and compelling investment opportunity in the heart of the Silicon Valley. This transformation is driven by a combination of strategic factors that underscore the property's potential for strong rental income and long-term value appreciation. This property conversion offers a rare opportunity to acquire and transform a well-maintained, existing structure into residential apartments at a cost significantly below that of new construction. Re-purposing the existing hotel infrastructure allows an investor to avoid the substantial expenses associated with ground-up development, such as high construction costs, extended project timelines, and regulatory hurdles. In turn, allowing for a quicker turnaround to market and a faster realization of rental income.