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… Read More 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. Read Less
Listed by: Compass, Matthew Thomson 650-515-6555
Listing Snapshot
Days Online
27
Last Updated
Property Type
Five Or More Units
Square Ft.
14,630
Lot Size
0.28 Acres
Year Built
1990
MLS Number
ML82039989
30 Days Snapshot Of 94025
$3.82M
+14%
(avg) sold price
38
+52%
homes sold
14
+40%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 12041.00, Max Area Units: Square Feet, Lot is 0.2764233241506 acres
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