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2311 Carlmont Dr 19 Unit Apartment Building $11,665,400 CAD ($613,968 CAD/Unit) 6.50% Cap Rate Belmont, CA 94002



Executive Summary
• First time on the market in 40 years!
• Below Market Rent
• Below Market Cost Per Square Foot
• Excellent Unit Mix with Large Unit Sizes
• Pitched Roof
• Owner has completed many property upgrades
• Well-Maintained
• Storage Units: 19 (Approx. 40-50 sq.ft each)
• Parking Spaces: 31 Total
- 28 (10 Single Carports, 9 Double Carports)
- 3 Front Parking Non-Tuck
• Below Market Rent
• Below Market Cost Per Square Foot
• Excellent Unit Mix with Large Unit Sizes
• Pitched Roof
• Owner has completed many property upgrades
• Well-Maintained
• Storage Units: 19 (Approx. 40-50 sq.ft each)
• Parking Spaces: 31 Total
- 28 (10 Single Carports, 9 Double Carports)
- 3 Front Parking Non-Tuck
Property Facts
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 5 | - | - |
| 2+2 | 8 | - | - |
| 3+2 | 2 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 045-015-090 | Improvements Assessment | $7,504,598 CAD |
| Land Assessment | $8,255,058 CAD | Total Assessment | $15,759,655 CAD |
Property Taxes
Parcel Number
045-015-090
Land Assessment
$8,255,058 CAD
Improvements Assessment
$7,504,598 CAD
Total Assessment
$15,759,655 CAD
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2311 Carlmont Dr
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