10193-10195 Park Cir W
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10193-10195 Park Cir W
8 Unit Apartment Building $4,600,000 ($575,000/Unit) 4.04% Cap Rate Cupertino, CA 95014
Investment Highlights
- FINAL OPEN HOUSE 11/4 @ 11 AM & OFFERS DUE 11/6
- Prestigious Cupertino School District
- FIRST TIME ON THE MARKET IN 25+ YEARS
- 100% 2 & 3 Bedroom Floorplans
- Walking Distance to Apple, Whole Foods, Target, & Sprouts
Executive Summary
CBRE is pleased to present the opportunity to acquire 10160-10162 Park Circle East and 10193-10195 Park Circle West, two 8-unit apartment communities located in the highly sought-after Silicon Valley suburb of Cupertino, California. The properties are situated within 0.1 miles of one another and are within walking distance of Apple, Amazon, Whole Foods, Sprouts, and Target.
The properties have not been on the market for over 25 years, and they are being offered for purchase either as a Portfolio or Individually. Please do not tour the property unattended, and contact us to confirm your spot on the approved touring dates shown below:
1. Thursday, 10/24/24, 11am-12:30pm
2. Monday, 10/28/24, 11am-12:30pm
The properties have not been on the market for over 25 years, and they are being offered for purchase either as a Portfolio or Individually. Please do not tour the property unattended, and contact us to confirm your spot on the approved touring dates shown below:
1. Thursday, 10/24/24, 11am-12:30pm
2. Monday, 10/28/24, 11am-12:30pm
Property Facts
| Price | $4,600,000 | Building Class | C |
| Price Per Unit | $575,000 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 7,252 SF |
| Cap Rate | 4.04% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Price | $4,600,000 |
| Price Per Unit | $575,000 |
| Sale Type | Investment |
| Cap Rate | 4.04% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 7,252 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.38/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 4 | - | - |
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Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 326-32-014 | Improvements Assessment | $713,099 |
| Land Assessment | $562,970 | Total Assessment | $1,276,069 |
PROPERTY TAXES
Parcel Number
326-32-014
Land Assessment
$562,970
Improvements Assessment
$713,099
Total Assessment
$1,276,069
zoning
| Zoning Code | R322 |
| R322 |
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10193-10195 Park Cir W
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