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Multifamily

616 Canyon Rd

616 Canyon Rd, Redwood City, CA 94062

Listing Price: $9,980,000

Cap Rate
4.36%
GRM
14.82

Investment Overview

616 Canyon Rd is a 24-unit apartment community in Redwood City, CA, offering modern design, quality construction, and desirable amenities including private garages, storage, and on-site laundry. Recently upgraded with fresh paint, façade enhancements, and SB721 compliance, the property is ideally located near Emerald Hills, Downtown Redwood City, and Caltrain, providing easy access to major Bay Area employment hubs and transit routes. Its prime location and strong local fundamentals make it a highly appealing investment opportunity.

Investment Highlights

  • Exceptional Mid-Peninsula Investment Opportunity – Investors have the opportunity to acquire a well-situated, podium-style asset with excellent construction quality in a dynamic and desirable location
  • Extensive Capital Improvements - The subject property has undergone extensive capital improvements including fresh paint, SB721 compliance and facade upgrades
  • Desirable Unit Mix - 616 Canyon Rd offers tenants beautifully designed two-bedroom, one-bedroom and studio oor plans with select units featuring private balconies.

Exclusively Listed By

Multifamily

616 Canyon Rd

Investment Highlights

  • Exceptional Mid-Peninsula Investment Opportunity – Investors have the opportunity to acquire a well-situated, podium-style asset with excellent construction quality in a dynamic and desirable location
  • Extensive Capital Improvements - The subject property has undergone extensive capital improvements including fresh paint, SB721 compliance and facade upgrades
  • Desirable Unit Mix - 616 Canyon Rd offers tenants beautifully designed two-bedroom, one-bedroom and studio oor plans with select units featuring private balconies.

Investment Overview

616 Canyon Rd is a 24-unit apartment community in Redwood City, CA, offering modern design, quality construction, and desirable amenities including private garages, storage, and on-site laundry. Recently upgraded with fresh paint, façade enhancements, and SB721 compliance, the property is ideally located near Emerald Hills, Downtown Redwood City, and Caltrain, providing easy access to major Bay Area employment hubs and transit routes. Its prime location and strong local fundamentals make it a highly appealing investment opportunity.

Exclusively Listed By

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