930-940 Parker Ct 10 Unit Apartment Building $4,885,720 CAD ($488,572 CAD/Unit) 4.82% Cap Rate Santa Clara, CA 95050

930, 940, & 960-966 Parker Ct presents a unique opportunity to acquire a 14-unit mixed-use asset consisting of 10 multifamily units and 4 industrial warehouse units, located in the vibrant city of Santa Clara, California. Situated on a parcel of land totaling 26,880 square feet, the subject property was originally constructed in 1956 and features a gross building area of approximately 11,128* square feet, offering its tenants beautifully designed one-bedroom floor plans and spacious warehouse floorplans. The subject property also offers its tenants convenient amenities such as on-site laundry and private covered parking. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations in and around Santa Clara, including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. 930, 940, & 960-966 Parker Ct offers tenants convenient access to the rest of the Bay Area with its proximity to major transportation corridors, including U.S. Highway 101, California State Route 82, and Interstate 880, as well as several transit options provided by Caltrain and the Santa Clara Valley Transportation Agency (VTA). Additionally, the subject property is conveniently located within close proximity to Downtown San Jose (3.1 mi), Santa Clara University (0.8 mi), PayPal Park (1.6 mi), and Santana Row (3.1 mi). The investment appeal of this asset is driven by Santa Clara’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 930, 940, & 960-966 Parker Ct is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and
entertainment options.