Belmont, CA 94002,2200 Village Court
Belmont, CA 94002,2200 Village Court
Belmont, CA 94002,2200 Village Court
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Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000
Listed by Don Sung • Colliers Parrish International, Inc.
$10,150,000
Est. payment /mo
24,785 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 24,785 sqft

Price per Sqft $409

MLS Listing ID ML82015448

HOA Y/N No

Year Built 1965

Lot Size 0.532 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Rarely Available 23-Unit Asset in Highly Desirable Carlmont Village. Iconic, One-of-a-Kind Property w/ Panoramic Views. Coupon-Clipper, Easy to Manage w/ Excellent Tenants and Stable Cashflow. (14) LARGE 1 BR/1 BA Units (+/- 644 to 736 SF) and (9) SPACIOUS 2 BR/1 BA Units (+/- 875 to 883 SF). All 23 Units Feature Dishwashers, w/ Potential to Add In-Unit Washer/Dryers. Covered Carport Parking Spaces, Storage for Tenants and Top-to-Bottom Elevator Access. Convert +/- 2,565 SF of Enclosed Carport w/ 9' Ceilings to (5) 1 BR/1 BA or Studio ADU's. 5 ADU's: Achieve $11,250/Month (or $135,000/Yr) in Additional Gross Rental Income. Over $500,000 Cap. Ex. Invested: Dual-Pane Windows, Roof, Copper Plumbing, 800 AMP Square D Panel. Walk Score: 80, With Walkability to Carlmont Village. Quick Access to Freeways 280 and 101. In-Place CAP Rate: 4.11% / Pro-Forma CAP Rate: 5.0%. In-Place GRM: 15 / Pro-Forma GRM: 13.3. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF

Location

State CA

County San Mateo

Interior

Heating Electric

Cooling None

Fireplace No

Appliance Dishwasher, Refrigerator


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Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000

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2200 Village Court