Project Description

Maple Lane Apartments
Sunnyvale, CA – $26.72Million

Primary Type: Multi-Family Garden/Low-Rise
No. Units: 131
Building Size: 109,395 SF
Lot Size: 6.30 Acres
Occupancy: 97.00%
GRM: 18.00
Cap Rate: 4.00%
Selling Date: 09/21/04
Year Built: 1968
131 units consists of 31 fourplexes, two triplexes and one house, a total of 34 wood  framed, stucco structures with pitched shingle roofs. The units are well sized with an average  835 square feet per unit; the entire complex encompasses approximately 109,395 square feet.
Situated on approximately 6.13 acres of land, the community features a leasing office (house) on Bernardo Avenue, covered parking and laundry facilities.

Efi Luzon, helped the Buyer to buy “Maple Lane Apartments” with no money down.