Property Detail

Description

211 Semicircular Road offers an incredible opportunity for an investor to acquire an apartment building with RARE 1990 CONSTRUCTION in the North Fair Oaks Neighborhood of Menlo Park. Excellent Unit Mix: (4) 2+1s and (6) 1+1s. Huge, oversized units with attractive floorplans: Two-Bedroom units are over 1,000 SF / One-Bedroom units are over 800 SF. Outstanding in-place rents: Day One 5.62% Cap Rate. Electrical system is all circuit breakers and up to current insurance requirements. The building is fully sprinklered and all copper plumbing. Dual Pane windows throughout. Sufficient garage and carport parking. The property stands out as the nicest and newest in the neighborhood and directly across the street are newer townhomes adding to the positive growth of the immediate area. The building is strategically positioned between San Francisco & San Jose, ideally located in the heart of Silicon Valley, and minutes from major employers like Meta, Stanford and top tech campuses.