Bellomy St Portfolio

1962, 1972 & 1978 Bellomy St is an exceptional multifamily investment portfolio comprising 59-units spread across 3 contiguous parcels in the vibrant city of Santa Clara, California. This prime investment opportunity provides qualified investors with a potential exit strategy as the properties can be sold individually or together as a portfolio.
Situated on a combined 1.56 acre parcel of land, the subject property was originally constructed in 1951 and has a gross building area of approximately 39,599 square feet, offering its tenants beautifully designed four-bedroom, three-bedroom, two-bedroom, one-bedroom and studio floor plans.
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 around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. This prime location allows easy access to major transportation corridors including U.S Route 101, California State Route 82, Interstate 880, and many others. Additionally, the subject property is conveniently located within close proximity to Downtown San Jose (4.3mi), Santa Clara University (1.4mi), PayPal Park (2.8mi), and Santana Row (1.9mi).
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, 1962, 1972 & 1978 Bellomy St is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.