• First Time on Market in 14+ Years
• Highly Desirable, AAA Location in the Heart of Mountain View
• Close Proximity to Downtown Mountain View, California Ave
• Unique Opportunity to Purchase a Single Family Home PLUS 5-Units on Same Lot
• Proven Performer With Strong Historical Cashflow & Excellent Value Appreciation
• Low Management Responsibilities With Both Long-Term Rental & Some Short-Term Furnished Rental Units
• Single Family Home: 3 BR/2 BA with Approx. 1,400 SF – Home Delivered Vacant at COE
• Long-Term Unfurnished Rental: 3 of 5 Units Leased Month-to-Month Basis. Excellent Rental Upside
• Furnished Rental: 2 of 5 Units Managed by Manager/Superhost Hired by Owner (Can be Delivered Vacant at COE)
• Owner Established Successful, Low-Maintenance Furnished Rental Business – Transferable to New Owner
• Furnished Rentals Offer New Owner Flexibility to Keep Units Vacant and Maximize Rental Income
• Substantial Capital Improvements: New Dual Pane Windows, New Water Heater, New Coin-Operated Washer & Dryer, and More
• Property Situated on a Quiet Street Mixed in With Single Family Homes in Desirable Residential Area in Mountain View
• Excellent Unit Mix – Two (2) 2 BR / 1 BA Units, Three (3) 1 BR / 1 BA Units
• Current Rents (Long-Term Leased Rental): 1 BR/1 BA - $2,200; 2 BR/1 BA - $2,644
• Furnished Rental (Net of 20% Management Fees): 1 BR/1 BA - $3,100/Month; 2 BR/1 BA - $3,600/Month – All Units Offer Excellent Rental Upside
• Current CAP Rate: 5.09% / Current GRM: 13.7
• Pro-Forma CAP Rate: 5.56% / Pro-Forma GRM: 12.9
• Building SF: 4,746 SF / Lot Size: 12,300 SF / Cost Per SF: $700/SF
Please contact Don Sung (Listing Agent) at 650-380-5188 or don.sung@colliers.com with any questions. Thank you
