Description

1212 W McKinley Avenue (the Property) is a multifamily asset built in 1964 situated on a 0.34 acre lot and comprised of ten (10) units. The Property features a unit mix of eight (8) one-bedroom/one-bathroom floorplans and two (2) two-bedroom/ one-bathroom floorplans. The Propertys premier location in Sunnyvale generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire an investment property in the heart of Silicon Valley, one of the most sought-after rental markets in the country. Perfectly situated near Highway 101, Highway 237, Highway 85, & El Camino Real, the Property is just moments away from major employers such as Apple, Google, LinkedIn, AMD, & Lockheed Martin Space, as well as NASA Ames Research Center and the broader Moffett Park employment base. In addition, the Property is within walking distance to Downtown Sunnyvales Murphy Avenue dining and retail district, the Sunnyvale Caltrain Station, and Whole Foods, with additional shopping options at the nearby Sunnyvale Town Center.